£90,000
(£220/sq. ft)
1 bed flat for saleMetropolitan House, 1 Hagley Road, Birmingham B16
1 bed
1 bath
1 reception
409 sq. ft
EPC Rating: C
- Leasehold
Avery Residential London LTD
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About this property
Concierge
Fully fitted kitchen with appliances
Electric heating
City centre location
Lift access
Avery Residential are delighted to present this luxury eighth-floor apartment, perfectly located within walking distance of Birmingham City Centre. Offering impressive skyline views, this property is ideal for first-time buyers, professional occupants, or investors seeking a strong-performing rental asset.
The apartment features:
• Spacious open-plan kitchen/living area with integrated appliances including dishwasher and full white-goods package
• Generous double bedroom
• Modern bathroom with bath and overhead shower
• On-site concierge
• Secure development with all city-centre amenities on the doorstep
Investment Highlights:
• Rental potential: £800 pcm
• Service charge: £1,265 per annum
• Ground rent: £250 per annum
• Gross yield: 10.6%
• Net yield: 7.9% (after 10% management fee, service charge & ground rent)
• Lease remaining: 105 years
• EPC Rating: C
Please note: Photos shown are of a similar apartment within the development.
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More information
Tenure
Leasehold (105 years)
Service charge
£1,265 per year
Council tax band
C
Ground rent
£250
Ground rent date of next review
