>
150 Sand Pits, Birmingham B1 1 bed flat for sale
The Quadrant, Birmingham City Centre, B1 3RJ
£170,000
The Quadrant, Birmingham City Centre, B1 3RJ
£170,000
Our Summary
- For sale by Modern Method Of Auction - end at 24-02-2025 at 12:00pm
- This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period
Description
This stunning third-floor apartment is located in the prestigious Jewellery Quarter, close to St Pauls' Square, Utilita Arena Birmingham, and the National Sea Life Centre. The apartment is part of The Quadrant, a well-maintained complex that is still under its 10-year NHBC warranty. The property features a large store cupboard, fabulous bathroom, double bedroom with built-in wardrobes and balcony, and an open-plan lounge diner with a fitted kitchen. The apartment also benefits from a full-width balcony, secure gated parking, and an internal lift. The property is currently tenanted for 12 months at £1,100 pcm, potentially representing a gross yield of up to 7.3% per annum. The lease has 145 years remaining, and the service charge and ground rent are circa £2,017.68 pa and £350 pa respectively. This would be an excellent opportunity for Buy To Let investors with a tenant already in place, offering City Centre living with minimal move-in fuss.