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1 bedroom flat for sale
Gillott Road, Edgbaston, Birmingham
£110,000
Gillott Road, Edgbaston, Birmingham
£110,000
Our Summary
- Presenting an investment opportunity in Edgbaston B16, this property generates a month income of £745, equivalent to £8,940 per annum, boasting an attractive yield of 7
Description
Investment opportunity in Edgbaston, Birmingham with a monthly rental income of £745, equivalent to £8,940 per annum, and a yield of 7.7%. The property is a one bedroom apartment with a contemporary living experience, featuring a spacious open plan kitchen/living room, double bedroom, and shower room. The property is located conveniently close to major commuter routes leading to Birmingham City Centre and benefits from gas central heating and double glazing. The lease terms are approximately 107 years remaining, with a ground rent of £100 per year and a service charge of £100 per year. The property has an Energy Performance Certificate (EPC) of DCouncil Tax Band of A, and the buyers fee is £2,500 plus VAT.