£130,000
2 bed flat for saleHuntly Road, Birmingham B16
2 beds
1 bath
1 reception
EPC Rating: D
Added on
About this property
Two Bedroom Apartment
Tenant In Situ
No Chain
Investment Opportunity
8% Yield
Well Presented Throughout
City Centre
120 Years Remaining On The Lease
£10 Annual Ground Rent
£1335 Annual Service Charge
Description
Located in the heart of Birmingham City Centre, this well-presented two-bedroom apartment at Collings House offers an excellent investment opportunity with a tenant already in situ, providing an attractive rental yield of approximately 8%. The property is offered with no onward chain, making it an ideal purchase for investors seeking an immediate income-producing asset. Finished to a good standard throughout, the apartment enjoys a convenient city centre location within easy reach of Birmingham's business district, shopping, restaurants, transport links and universities.
Scan the qr code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.
Anti-money Laundering Checks (aml)
To meet our legal obligations under Anti-Money Laundering regulations and current hmrc guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.
A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.
These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.
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More information
Tenure
Leasehold (120 years)
Service charge
£1,335 per year
Council tax band
A
Ground rent
£10
Ground rent date of next review
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