WEST MIDLANDS, B16 8JR

Asking Price

£130,000

For Sale (On Market) | 2 beds | 1 bath | 1 reception | Leasehold | Council Tax A | EPC D

At a glance

  • • Two Bedroom Apartment
  • • Tenant In Situ
  • • No Chain
  • • Investment Opportunity
  • • 8% Yield
  • • Well Presented Throughout
  • • City Centre
  • • 120 Years Remaining On The Lease
  • • £10 Annual Ground Rent
  • • £1335 Annual Service Charge

Key facts

Tenure Leasehold
Lease remaining 120 years
Ground rent £10 / year
Service charge £1 / year
Council tax band A
View the full Material Information certificate

Description

Located in the heart of Birmingham City Centre, this well-presented two-bedroom apartment at Collings House offers an excellent investment opportunity with a tenant already in situ, providing an attractive rental yield of approximately 8%. The property is offered with no onward chain, making it an ideal purchase for investors seeking an immediate income-producing asset. Finished to a good standard throughout, the apartment enjoys a convenient city centre location within easy reach of Birmingham's business district, shopping, restaurants, transport links and universities.

Energy performance

D Current rating D · 59
C Potential rating C · 77
A
92+
B
81-91
C
69-80
Potential 77
D
55-68
Current 59
E
39-54
F
21-38
G
1-20

Total floor area: 70 m²

Location

Map of WEST MIDLANDS, B16 8JR

Approximate location. Map data © Google.

Get in touch

Contact the team, or make an offer to start the process.

0121 246 4010 Make an offer
Marketed by Oakmans Estate Agents

The information displayed about this property comprises a property advertisement, provided and maintained by Oakmans Estate Agents, and does not constitute property particulars or any part of an offer or contract. Neither Oakmans Estate Agents nor the operator of this website makes any warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and the operator of this website has no control over its content. All descriptions, measurements, distances and other details are given in good faith and believed to be correct, but prospective purchasers or tenants must not rely on them as statements of fact and should satisfy themselves by inspection or otherwise. Oakmans Estate Agents has not tested any services, equipment or appliances and gives no warranty as to their condition. Photographs may have been taken at an earlier date and may not reflect the current condition of the property. Please contact Oakmans Estate Agents directly with any questions about this listing.

Price

£130,000

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