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2 bedroom apartment for sale
Newton Chambers, Cannon Street, B2 5EE
£250,000
Newton Chambers, Cannon Street, B2 5EE
£250,000
Our Summary
- Currently tenanted on a periodic agreement, the property generates a potential gross yield of 6%, with scope to modernise and further increase returns - making it a smart investment choice
- 2 miles on foot, making this apartment an outstanding choice for professionals and an excellent investment opportunity
- Option to purchase with tenant in situ, with potential gross yield of 6%
Description
This spacious two-bedroom, one-bathroom apartment in the Grade II listed Newton Chambers development offers generous living accommodation of 1,045sqft. The property features original bay windows, high ceilings, and characterful living spaces, including two versatile reception rooms, a separate kitchen, and two generously sized bedrooms. The apartment benefits from lift access and elegant period architecture, providing a peaceful retreat in the heart of Birmingham. Currently tenanted on a periodic agreement, it generates a potential gross yield of 6%, making it a smart investment choice. Alternatively, it would make a wonderful home for those seeking central living with the opportunity to personalize a spacious property. With its ideal location on Cannon Street, the apartment is within easy reach of Birmingham's best shops, bars, and restaurants, and just a short walk from New Street Station and the Colmore Business District.