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2 bed flat for sale

£329,950 Guide price

The Cube, 197 Wharfside Street, Birmingham B1

2
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Property description

Click Sales are proud to present For Sale this Investment opportunity with a yield of 7% and 20% capital growth. This two-bedroom apartment is available in the much sought after Cube development within a short walk of New Street station, Mailbox, canals of Birmingham and Broad street in the heart of the city, this large apartment comprises of a Hallway, open plan Kitchen / Lounge, Family Bathroom and Two Double Bedrooms with En-suite to the Master Bedroom. The property also benefits from having secured allocated parking, double glazing and electrical heating. EPC Rating: C

Entrance
Having a communal entrance leading into Lobby with lifts and stairs to apartments

Hallway
Having ceiling light points, laminate flooring and doors leading to

Open plan Lounge / Kitchen
Having ceiling light points, ceiling to floor windows overlooking the city and amazing architecture of the Cube, fitted kitchen with base and wall units, small breakfast bar, integrated hob and oven, integrated sink, tiles to splash back area and tile flooring to the kitchen area. Storage cupboard with plumbing for washing machine, laminate flooring to lounge area and door leading into bedroom one.

Bathroom
Having ceiling light points, suite comprising of Bathtub with overhead shower, W.C, and Hand wash basin, tile to walls and floors.

Master bedroom
Having ceiling light points, laminate flooring, fitted wardrobes, ceiling to floor windows overlooking the city and cube development, door leading into en-suite.

En-Suite
Having ceiling light point, suite comprising of W.C, hand wash basin. Shower cubicle with overhead shower and tile to walls and floors

Bedroom two
Having ceiling light point, ceiling to floor window overlooking the spectacular views of the city and cube development and laminate flooring

Leasehold Information:
Service charge - 900 per quarter
Ground rent - tbc
Lease remaining - tbc

Tenure
We are advised by the seller that the Property is Leasehold, however we suggest that you confirm this with your solicitor before exchange of contracts.

Think ing of selling or letting your home?
Click Letting and Sales would be delighted to carry out a free market appraisal of your property.

Call now on

Property info

Market activity
Average price paid £203,114 Sales 205 Current average value £204,190 (Zoopla Zed-Index) Value change £7,147 ▲ 3.63%

Property value data/graphs for B1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £323,266 - 4.4 £215,000
Semi-detached £246,400 £308 3.1 -
Terraced £207,870 £209 2.7 £237,975
Flats £203,522 £285 1.6 £201,251

Current asking prices in B1

Average: £218,935
Avg. current asking prices in B1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £192,450
(2)
- £685,000
(2)
- -
Flats £172,513
(70)
£250,151
(74)
£264,983
(6)
- -
All £173,067
(72)
£250,151
(74)
£369,988
(8)
- -

Current asking rents in B1

Average: £954 pcm
Avg. current asking prices in B1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £454 pcm
(5)
- - £676 pcm
(2)
-
Flats £752 pcm
(66)
£1,225 pcm
(46)
£1,850 pcm
(4)
- -
All £731 pcm
(71)
£1,225 pcm
(46)
£1,850 pcm
(4)
£676 pcm
(2)
-

Fun facts for B1

Highest value in B1
Highest value streets Zed-Index
Wharfside Street £260,582
Berkley Street £255,480
Washington Wharf £249,687
Paradise Street £249,303
Holloway Circus Queensway £242,284
Highest turnover in B1
Highest turnover streets Turnover
Suffolk Street Queensway 31.6%
Powell Street 28.9%
King Edwards Road 26.0%
Upper William Street 25.0%
Waterfront Walk 24.8%

What Zoopla users think of Birmingham

Overall rating:

  • currently 4 stars
Very good - 76% (398 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

Rate Birmingham:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
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

  • Five Ways (0.4 miles)
  • Birmingham New Street (0.4 miles)
  • Birmingham Moor Street (0.7 miles)
  • Birmingham International Airport (6.9 miles)
  • Coventry Airport (19.4 miles)
  • East Midlands Airport (34.6 miles)
  • Sharpness Old Docks (57.3 miles)
  • Lydney Harbour (58.7 miles)
  • Bristol Docks Ferry Landing (75.2 miles)

Nearby schools

View all schools in Birmingham
  • St Thomas CofE Academy (0.3 miles)
  • St Catherine of Siena Catholic Primary School (0.3 miles)
  • West House School (0.5 miles)
  • Mander Portman Woodward Independent College (0.7 miles)
  • Blackwater Academy (0.7 miles)
  • South and City College Birmingham (0.9 miles)
  • Perry Beeches III the Free School (0.2 miles)
  • James Brindley School (0.4 miles)
  • Perry Beeches II The Free School (0.6 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B1

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For more information about this property, please contact
Click Lettings, B16 on +44 121 659 6232 * (local rate)

Monthly running costs Beta

£1,487 Monthly total

Mortgage

Purchase price
Deposit (10%) 32,995
Repayment term 25
Interest rate 1.5
Your payment £1,187 /mo How Much Could I Borrow

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.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £35/mo (£425/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £25 Electricity £34 Estimated energy cost £59/mo

Similar properties could save up to £207

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7900 kWh/year
Electricity: 2600 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band E Council tax cost £177 /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 £16 Sewerage £13 Estimated water cost £29 /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.

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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 Click Lettings, and do not constitute property particulars. Please contact Click Lettings 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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