Guide price
£289,000
(£513/sq. ft)
Studio for saleSteelhouse Lane, Birmingham B4
1 bed
1 bath
1 reception
563 sq. ft
Added on
About this property
A walk to work that takes minutes, a building with character, and no ground rent to pay. This studio on Steelhouse Lane sits in the Snow Hill and Colmore Business District, the part of Birmingham where the city does its business, in a converted period building where every apartment was designed around the original structure. No two layouts are quite alike, so this one has a personality a new box never could.
Herringbone flooring runs through the living space, giving it a warm, finished feel from the first step inside. Step out of your door, and the building works hard for you: A lift, secure cycle storage for 72 bikes, a residents’ co-working space for the days you’d rather not commute, and a communal garden and terrace for the evenings you want some air.
Ownership is simple and kind to your costs. This is a share of freehold with zero ground rent, backed by a 10-year icw new-build warranty, with an estimated service charge of £2.85 per sq ft. It is also chain-free, so nothing stands between you and the keys.
Snow Hill and Birmingham New Street stations are both moments away, and when HS2 Curzon Street opens, London comes within 49 minutes. Homes with this kind of connection tend to stay in demand with tenants.
For an investor, a monthly rent of £1,325 would equate to a potential gross yield of 5.5% on the £289,000 asking price, with no ground rent eating into the return.
Steelhouse Lane, Birmingham B4
Kitchen
Fitted kitchen area with laminate worktops. Integrated electric cooker, hob and extractor, plus integrated fridge-freezer, dishwasher and washer-dryer. Brushed stainless steel sockets and switches with usb charging points. Low-energy recessed LED downlights and under-cupboard LED lighting. Lvt flooring
Bathroom
Villeroy & Boch sanitaryware with mains pressure hot water, shower tray and screen. Ceramic tiling to bathroom and wet-area walls. Low-energy recessed LED lighting. Contemporary door with brushed stainless steel ironmongery
Living Room
Open-plan studio living and sleeping space with lvt flooring and pendant lighting. Enhanced acoustic windows and noise reduction to floors and walls. Digital aerial Freeview TV point. Keypad entry and video door intercom with CCTV to the building. Virgin/BT fibre connection
Disclaimer
These particulars are for general guidance only and do not form part of any contract or tenancy agreement. Vale & Mercer has not tested any apparatus, equipment, fixtures, fittings or services and cannot confirm they are in working order. All measurements, distances, floor plans and areas are approximate and should not be relied upon when ordering fitted items or carpets. Prospective purchasers and tenants should satisfy themselves, or obtain independent professional verification, of any information provided. All tenancy applicants are subject to referencing and Right to Rent checks in accordance with the Immigration Act 2014, and any deposit taken will be protected in a government-approved scheme within 30 days of receipt, with the Prescribed Information provided in writing. Photographs may include items not included in the sale or tenancy and may be taken using a wide-angle lens
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