Studio for sale

Liberty Place, Sheepcote Street B16

Studio Apartment for Sale Liberty Place, B16 8JT
GBP120,000 | Investment Opportunity | Tenant in Situ

An excellent opportunity to acquire a well located third floor studio apartment within the popular Liberty Place development, ideally positioned close to Birmingham City Centre and Brindleyplace.
This property is offered with a long term tenant in situ, currently paying GBP775 per calendar month, providing a strong gross rental yield of 7.75%, making it an attractive turnkey investment for landlords seeking immediate rental income.

The accommodation comprises a bright and well proportioned open plan living and sleeping area, fitted kitchen, and a modern bathroom suite. Situated on the third floor, the apartment benefits from a secure communal entrance and lift access within this well maintained development.

Please note, the property does not include parking.

Lease & Charges (as advised by the leaseholder):
• Approximately 101 years remaining on the lease
• Ground Rent: GBP250 per annum
• Service Charge: GBP1,756 per annum

Liberty Place is conveniently located within walking distance of local amenities, restaurants, canalside walks, and excellent transport links, making it a consistently popular location for tenants and professionals alike.

Key Features:
• Studio apartment
• Third floor position
• Tenant in situ GBP775 pcm income
• Gross rental yield 7.75%
• Long lease remaining (101 years approx.)
• No parking included
• City centre location

Early enquiry is recommended to avoid disappointment.