Offers over
£100,000
1 bed flat for saleLombard Street, Birmingham, West Midlands B12
1 bed
1 bath
EPC Rating: B
- Leasehold
Sold.co.uk
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About this property
1 Bedroom Apartment
Cash Buyers Only
Ground Floor
Great Investment Opportunity
Sold Tenants in Situ - 7.2% Yield
Open-Plan Kitchen/Living Room
3-Piece Bathroom
Allocated Parking
115 Year Lease Remaining
City Centre Location
*** cash buyers & investors only ***
We are delighted to present this 1-bedroom apartment situated in the vibrant heart of Birmingham on Lombard Street. This property represents an outstanding investment opportunity, currently occupied by tenants paying £750 per calendar month, yielding an impressive 7.2% return.
The apartment boasts a thoughtfully designed open-plan layout, seamlessly blending the kitchen and living areas. The modern kitchen is equipped with sleek fitted units and integrated appliances, while the living space comfortably accommodates a dining table and chairs, perfect for entertaining or relaxed meals.
The generously sized double bedroom provides a tranquil retreat, and the well-appointed 3-piece bathroom features a practical shower bath, combining convenience with style.
Adding to its appeal, the property includes the valuable benefit of an allocated parking space, a rare commodity in such a central location.
Residents will find themselves mere steps away from Birmingham's bustling city center, with the iconic Bullring & Grand Central Shopping Centre less than a 10-minute stroll away. For those requiring excellent transport links, Birmingham New Street Station is within a 15-minute walk, offering direct services to major cities including London, Manchester, and Liverpool.
Given its prime location, attractive yield, and modern amenities, we strongly recommend arranging a viewing to fully appreciate the exceptional opportunity this property presents.
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More information
Tenure
Leasehold (115 years)
Service charge
£1,313 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£351
Ground rent date of next review