Offers over
£160,000
(£323/sq. ft)
1 bed flat for saleWindmill Street, Birmingham B1
1 bed
1 bath
1 reception
495 sq. ft
EPC Rating: B
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Spacious Lounge
Modern and Good Condition
Easy Access to Local Amenities
City Centre Location
This is a 1 bedroom flat in Birmingham. With valuable amenities in close proximity, rewarding rental returns and a tenant currently situated, this is a fantastic opportunity for investors looking to expand their portfolio!
The well-kept home features 1 bedroom, three-piece bathroom, spacious lounge and kitchen, in good and modern condition.
Investment Details
It currently produces an annual gross income of £9,600 which could be increased by the new owner to a market rate of £14,100 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property and consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
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More information
Tenure
Leasehold (244 years)
Service charge
£1,800 per year
Council tax band
Ground rent
£250
Ground rent date of next review