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1 bedroom flat for sale
Hagley Road, Birmingham, West Midlands, B16
£1,650,000
Hagley Road, Birmingham, West Midlands, B16
£1,650,000
Our Summary
- Introducing Metropolitan House: A Prime Investment Opportunity on Hagley Road, Edgbaston, Birmingham
- Discover an exceptional investment opportunity in the heart of Birmingham's prestigious Edgbaston neighborhood with Metropolitan House
- Situated on the iconic Hagley Road, this portfolio of 12 units presents a rare chance to acquire a diverse range of tenanted properties, offering both immediate rental income and long-term growth potential
- Investment Potential: Priced competitively at £1,860,000, the portfolio offers an attractive yield of 7
- Whether as a standalone investment or as part of a diversified portfolio, this offering on Hagley Road promises both immediate returns and long-term growth potential
- Council Tax Band: Can be suppliedTenure: Leasehold Service Charge: Service charge schedule can be provided seperatelyGround Rent: £300 per annumGround Rent Review Period: TBC Ground Rent Review Amount: TBC Next Ground Rent Review: TBC Parking Arrangements: Allocated parking space Property Construction: TBC Electricity Supply: Mains supply Water Supply: Mains supply Sewerage: Mains supply Heating Supply: Electric Broadband: Refer to Ofcom Mobile Signal Coverage: No known issues Building Safety Issues: None Restrictions: None Rights And Easements: None Flood Risks Or Previous Flooding: No Past Or Present Planning Permissions Or Applications: Can be found via the planning portal
Description
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Here is a summary of the property description in a single paragraph without a list:
Metropolitan House is a prime investment opportunity located on Hagley Road in Edgbaston, Birmingham, offering a portfolio of 12 tenanted units. The property presents a rare chance to acquire a diverse range of 1-bedroom and 2-bedroom apartments, catering to a wide range of tenants and lifestyles. With a competitive price of £1,860,000 and an attractive yield of 7.2%, investors can benefit from immediate rental returns and capitalize on the promising growth prospects of the Edgbaston property market. The property's prime location, secure income stream, and growth potential make it an attractive proposition for investors seeking a prime, income-generating asset in Birmingham's flourishing property market.