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3 bed property, in Bloomsbury Walk, £225,000
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3 bed flat

Bloomsbury Walk, Birmingham, West Midlands B7
Planning
£225,000

Our Summary

  • Investment Opportunity
  • Years Remaining On Lease: 125 yearsService charge: £260 p/aGround rent: £10 p/aProperty type: Ground floor mainsonetteTenure: LeaseholdCouncil Tax Band: BEPC Rating: CConstruction Type: Standard constructionParking Arrangements: Off road parkingBroadband: Fibre (FTTP)Mobile Signal Coverage: No known issuesWater Supply: MainsSewerage: MainsElectric: MainsHeating Supply: GasBuilding Safety Issues: NoSpecial Conditions: NoneFlood Risk or Previous Flooding: NoMine Shafts/Coal Fields/Erosion: NoRestrictions: NoRights and Easements: NoPlanning Permissions: NoLocal Developments: NoCall Oakmans today

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Description

The property is a ground floor maisonette, offering 10% annual yield through rental income. It has three double bedrooms and three bathrooms, a modern kitchen, and stylish finishes. The property features off-road parking, fiber broadband, mains water and sewerage, and gas heating.

It has a C EPC rating, is expected to let well in a sought-after location, and benefits from a long 125-year lease, low £260 p/a service charge, and £10 p/a ground rent.