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1 bed flat
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Our Summary
- Investment Opportunity
- One Bedroom Apartment in Sun House, B2 5RS - Fully Furnished, Tenanted & Grade II Listed Building A superb turnkey investment opportunity located within the iconic Sun House development in Birmingham city centre (B2 5RS)
- Early viewing is strongly recommended to appreciate the quality of the accommodation and the strength of the investment opportunity on offer
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Description
The property is a one bedroom apartment located within the Grade II listed Sun House development in Birmingham city centre. It is fully furnished and tenanted, achieving a rental income of £875 per calendar month. The asking price is £125,000, with an estimated gross yield of approximately 8.4%.
The property is situated within a 126-year-old building, with preserved character and period features, and is subject to a long lease and associated costs, including a ground rent of £200 and a service charge of approximately £2,000 per annum.