£190,000
(£284/sq. ft)
2 bed flat for saleWestgate, Arthur Place, Birmingham B1
2 beds
1 bath
1 reception
668 sq. ft
EPC Rating: C
- Leasehold
FleetMilne
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About this property
Two double bedrooms, with a generous main bedroom
One bathroom, with shower over bath
One allocated parking space in the underground carpark
Perfect for first time buyers looking to get on the property ladder
Strong investment potential, with potential gross yield of 6.3% and potential to boost this
0.8 miles to New Street Station, or 0.7 miles to Snow Hill Station
Fantastic Jewellery Quarter location
Approximate service charge: £2930.36pa
Approximate ground rent: £100pa
Approximate lease length: 101 years
Lift access
A fantastic opportunity to acquire a two-bedroom apartment in the ever-popular Jewellery Quarter. The apartment comprises two double bedrooms, one family bathroom, an open-plan living room & kitchen as well as featuring a secure and allocated parking space located in the underground car park. Westgate was completed in 2003 and is in an area of the Jewellery Quarter that has seen recent improvements and investment with new developments nearby adding to the desirability of the area.
This property is currently vacant, but could provide a potential gross yield of 6.3% with scope to improve with some minor updates. The property is also available to owner occupiers so could make the perfect home for somebody wanting to reside in a desirable and well-located part of Birmingham. Speak to the team for more information on this.
Westgate offers spacious living for residents in a location close to the city centre yet in a quiet setting. New Street Station is just 0.8 miles from the development, Snow Hill Station 0.7 miles and the Jewellery Quarter just 0.5 miles away. Colmore Row and Centenary Square are around 0.6 miles away too, with plenty of bus & transport links nearby.
Location-wise, the Jewellery Quarter is perfect for city living as you are within an easy journey of city amenities, with the added benefit of escaping into a tranquil safe-haven within a matter of minutes. While in the heart of Birmingham and a stone’s throw away from the city core, the Quarter does not have the grey, congested feeling that you would expect so close to the city. In fact, it is very much a hidden neighbourhood with its own quaint charm and character that makes it so unique.
Approximate service charge: £2930.36pa
Approximate ground rent: £100pa
Approximate lease length: 101 years
EWS1 status: Passed (B1)
Parking: One secure and allocated parking space included
Lounge
Spacious lounge with views toward Brindleyplace
Kitchen
Spacious kitchen with washing machine, oven, hob, fridge & freezer
Main Bedroom
Generous double bedroom with plenty of room for furniture.
Second Bedroom
Double bedroom perfect for guests or a work from home space
Bathroom
Bathroom with shower over bath
Disclaimer
- Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans. Changes or adjustments may have been made since, or the original measurements may have not been accurate.
- Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition. Access can be arranged in order to do so– please just request an additional visit via our team.
- The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.
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More information
Tenure
Leasehold (101 years)
Service charge
£2,930 per year
Council tax band
D
Ground rent
£100
Ground rent date of next review