Cheapside, Deritend, B12 2 bed apartment for sale

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Cheapside, Deritend, B12 2 bed apartment for sale

Cheapside, Deritend, B12
£157,000

Our Summary

  • Whether you’re a first-time investor or looking to expand your portfolio, this apartment offers a fantastic investment opportunity in one of Birmingham’s most dynamic and rapidly developing areas

Description

This well-presented two-bedroom, one-bathroom apartment is located in the vibrant area of Digbeth, just a short walk from Birmingham City Centre, including the Bullring Shopping Centre and excellent transport links. The property boasts an open-plan living and kitchen area, a recently refurbished bathroom, and a small private balcony. With a new boiler installed in 2023 and serviced in 2025, the apartment is in good condition throughout and also benefits from onsite secure car parking. The apartment is currently achieving a rental income of £1,000 per month and is being sold with a tenant in situ. With a leasehold of 104 years remaining and a ground rent of £200 per annum, this apartment offers a fantastic investment opportunity in one of Birmingham's most dynamic and rapidly developing areas.