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7 bed flat for sale

£1,450,000

Lichfield Road, Four Oaks, Sutton Coldfield B74

7 7 2
Interested in this property? Call 0121 659 0042 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Close to public transport
  • Communal Garden
  • En suite
  • Fitted Kitchen
  • Fully Furnished
  • Garden
  • Guest cloakroom
  • Gym
  • Shops and amenities nearby
  • Video Entry

Property description

** Ideal Investment Property Guaranteed rental income of GBP6,500 per calendar month total GBP235,800 over 3 years.

** Prime location investment opportunity ** you receive guaranteed annual return of over 5% on your investment for next 3 years **

Century 21 Sutton Coldfield are delighted to offer for sale this perfect and ideal investment opportunity set within the prestigious and highly desired Royal Court development.

This development is now complete and all units are privately owned.

This is a favourite location for professionals, Internationally renowned sportsmen men and women as well as Managing Directors of major conglomerates.

Due to its unique location, the development offers an incredibly high rental demand and sold with a guaranteed rental income of GBP78,600 per year for the next 3 Years (guaranteed)

All properties within the Royal Court development are offered on a Leasehold basis based on a 125 year term with a approximate 115 years remaining. You also benefit of owning 3/22nd share of freehold of the whole development

Due to the nature of this property, an internal viewing is highly recommended.

Call Peter Bennett from Century 21 Sutton Coldfield or or email us for further information or to confirm your viewing appointment.

The Royal Court Development Description
Royal Court Apartments are located on Lichfield Road next to Four Oaks, Sutton Coldfield. The Area is recognised as a sought after Sutton Coldfield address, its distinctive, detailed Victorian facade is complemented by the luxurious, classic contemporary style contained within.

Attention to detail is a hallmark of Royal Court. High quality materials such as luxurious carpets in principal rooms, granite surfaces in the kitchen, inlaid solid core hardwood veneered doors; glass and steel staircases and stainless steel ironmongery are used throughout. All in all, there is a stunning array of quality as you walk from room to room.

Royal Court also takes care of your wider lifestyle needs. An on site gymnasium is an exclusive, private retreat in which to keep fit. Whilst the stunning communal landscaped garden terrace will be a focal point for the Royal Court community to enjoy relaxed evenings overlooking the wider locality.

Within a short walk of Sutton Park, Royal Court owners will enjoy being at the heart of Sutton Coldfield with its renowned quality amenities. The park itself is the largest area of urban parkland in Europe, once said to be the hunting ground of Henry VIII. It is a superb haven for walking, featuring seven lakes and 2,400 acres of woodland, where you can take life at a more sedate pace.

The town centre ensures all your shopping needs are close at hand. A mixture of high street brand names and smaller, independent shops, Sutton Coldfield provides individuality whilst retaining a real sense of community values. Birmingham City centre is just a few miles away, home to the Bullring, Midlands’s premier shopping venue.

Local schools include the excellent Sutton Girls; Grammar School and Bishop Vesey Grammar. Sutton Railway Station is within half a mile of the development.

Royal Court also enjoys easy access to a wider area for business or pleasure. The M6, M6 Toll and M42 motorways are within 61/2 miles, making it simple to reach Birmingham International Airport and The Belfry, hosts to the Ryder Cup competition played on the Brabazon course.

Contemporary stainless steel shapes contain domed lawns with vertical statements making a striking feature. There is a superb elliptical pool that creates a restful mood of tranquillity. Lights add a dramatic evening feature by creating a theatre of shadows and shimmering reflections of steel across the area.

Extra property specifications

Bespoke kitchens include polished granite worktops and up stands, shaker oak or maple veneer with inlay doors and stainless steel handles.

This Investor will own three apartments:

2 x two Bedroom apartments

1 x three Bedroom apartment

Each Ensuite bathroom has a large bath or Shower. Tiled floor and walls plus under floor heating wherever there are floor tiles

Welcoming Reception Hall.

• Having useful store rooms with doors to cloakroom and airing cupboard
• The complex boasts landscaped communal gardens with a sun terrace and water feature

Gymnasium

For resident & tenant use only; this fully equipped gymnasium comes complete with air conditioning, TV and equipment from running & cycle Machines to weight lifting equipment

Parking
• Each apartment comes with two allocated parking spaces
• The properties are accessed via large electronic gate with remote.

Viewings
• These are by appointment through the Century21 Sutton Coldfield Office on The furniture is available to purchase for those who are looking for extra premium furnishings.

Peter Bennett The developer said:

The Investor requirement for quality properties like ours are at an all time high.

We have been able to deliver such a high yield by driving efficiencies at every level of the construction and operational process whilst in turn generating high rental returns for these luxurious apartments, prospective owners will see that they will earn a premium for the facilities and level of service provided.

The rate at which the project has sold demonstrates that our model is successfully addressing the market demand

How guaranteed is the rental yield?

The developer promises Over 5% yield on the Sutton Coldfield portfolio for a period of three years.

Property info

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Market activity
Average price paid £353,750 Sales 466 Current average value £410,074 (Zoopla Zed-Index) Value change £18,268 ▲ 4.66%

Property value data/graphs for B74

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £594,746 £298 4.1 £536,192
Semi-detached £278,158 £245 3.3 £277,510
Terraced £230,759 £216 2.9 £228,993
Flats £210,630 £268 2.0 £169,818

Current asking prices in B74

Average: £552,984
Avg. current asking prices in B74
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £223,333
(3)
£319,987
(23)
£517,924
(21)
£906,359
(11)
Flats £110,000
(1)
£181,096
(17)
£365,000
(2)
- -
All £110,000
(1)
£187,432
(20)
£323,588
(25)
£517,924
(21)
£906,359
(11)

Current asking rents in B74

Average: £1,039 pcm
Avg. current asking prices in B74
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £433 pcm
(1)
£949 pcm
(1)
£880 pcm
(3)
£1,951 pcm
(5)
£2,574 pcm
(2)
Flats £557 pcm
(2)
£702 pcm
(15)
£598 pcm
(1)
- -
All £516 pcm
(3)
£718 pcm
(16)
£809 pcm
(4)
£1,951 pcm
(5)
£2,574 pcm
(2)

Fun facts for B74

Highest value in B74
Highest value streets Zed-Index
Luttrell Road £1,609,236
Bracebridge Road £1,542,367
Roman Road £1,519,664
Ladywood Road £1,454,595
Hartopp Road £1,393,062
Highest turnover in B74
Highest turnover streets Turnover
Belwell Place 52.2%
Clarence Road 50.0%
Ollison Drive 50.0%
Stoneleigh Close 50.0%
Tulip Grove 46.2%

What Zoopla users think of Four Oaks

Overall rating:

  • currently 4.5 stars
Very good - 88% (27 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
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Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Sutton Coldfield (0.4 miles)
  • Four Oaks (0.7 miles)
  • Butlers Lane (1.7 miles)
  • Birmingham International Airport (8.7 miles)
  • Coventry Airport (20.0 miles)
  • East Midlands Airport (27.5 miles)
  • Sharpness Old Docks (64.8 miles)
  • Lydney Harbour (66.2 miles)
  • Woodside Birkenhead Ferry Terminal (75.5 miles)

Nearby schools

View all schools in Birmingham
  • St Joseph's RC Primary School (0.2 miles)
  • Whitehouse Common Primary School (0.5 miles)
  • Langley School (0.7 miles)
  • Trinity Specialist College Ltd (1.8 miles)
  • Oscott Academy (2.9 miles)
  • Tlg North Birmingham (3.1 miles)
  • Bishop Vesey's Grammar School (0.1 miles)
  • Plantsbrook School (0.8 miles)
  • Sutton Coldfield Grammar School for Girls (1.2 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B74

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For more information about this property, please contact
Century 21, B75 on 0121 659 0042 * (local rate)

Monthly running costs Beta

£4,839 Monthly total
Mortgage
Purchase price
Deposit (10%) 145,000
Repayment term 25
Interest rate 0.5
Your payment £4,628 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Council Tax

Local authority

Birmingham

Estimated tax band E Council tax cost £161 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £21 Sewerage £29 Estimated water cost £50 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Century 21 about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Century 21, and do not constitute property particulars. Please contact Century 21 for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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