£75,000

1 bed flat for sale
Dean House, Upper Dean Street, Birmingham B5

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

  • Auction

Reduced on

Martin & Co Birmingham City

Logo of Martin & Co Birmingham City

About this property

  • Walking Distance To The Planned HS2 Train Station At Curzon Street

  • Estimated Rental Income Of £875 pcm - 14% Yield

  • City Centre Location

  • Sale by Modern Auction

  • Cash Buyers Only

For Sale by Modern Auction! Cash buyers only! Walking distance to the planned HS2 train station at Curzon Street. Projected rental income of £875pcm (14% yield).

Another great investment opportunity on the 3rd floor of Dean House offered by Martin & Co. Property investment opportunities like this don't come along often. For those of you that are not so familiar with the area, then it is worth noting that Dean House is located within walking distance to the planned HS2 train station at Curzon Street, as well as New Street and Moor Street Stations. The development is also located right within the heart of the area which will become known as Birmingham Smithfield, one of the largest City Centre regeneration schemes in history worth £1.9bn. So if you're looking for capital growth then this could prove to be a sound investment.

Room sizes:
Hallway
Storage Cupboard
Open Plan Living - 7.02m x 3.21m (23' x 10'6")
Bedroom 4.03m x 2.59m (13'3" x 8'6")
Bathroom 2.12m x 1.52m (7' x 5')

leasehold information:
Service charge - £1097 pa
Ground rent - £150 pa
Lease length - 125 years remaining on the lease since March 2005

Lease, ground rent and maintenance details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties' personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

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More information

  • Tenure

  • Service charge

    £1,096 per year

  • Council tax band

    B

  • Ground rent

    £150

See all recent sales in B5

Property descriptions and related information displayed on this page are marketing materials provided by - Martin & Co Birmingham City. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Martin & Co Birmingham City for full details and further information.