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1 bedroom apartment for sale
Apartment 266 Kettleworks, 126 Pope Street, Birmingham, B1 3DQ
£105,000
Apartment 266 Kettleworks, 126 Pope Street, Birmingham, B1 3DQ
£105,000
Our Summary
- For Sale By Public Auction on 11 December 2024 starting at 08:30 AM - A long leasehold studio apartment investment propertyCurrent rental income £9,600 PAA well presented studio apartment, conveniently located in the sought after development, The Kettleworks, in the Jewellery Quarter, within walking distance of Birmingham Business District, shopping and leisure amenities
- Auctioneer's NotePlease note offers may be considered prior to the Auction Sale
- Live-streamed AuctionPlease note that the Auction will be livestreamed via our website
- You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction
Description
A long leasehold studio apartment investment property is up for sale by public auction on December 11, 2024, starting at 8:30 AM. The property, located in the sought-after development of The Kettleworks in Birmingham's Jewellery Quarter, is currently generating £9,600 per annum in rental income. The studio apartment features an open-plan lounge/bedroom, bathroom, and kitchen, and is conveniently located within walking distance of the city's business district, shopping, and leisure amenities. The property is leasehold, with approximately 145 years remaining on the lease, and is subject to a ground rent of £350 per annum and a service charge of £1,197 per annum. The property is currently let through an assured shorthold tenancy at a current rental of £800 per month.