£108,000
(£209/sq. ft)
1 bed flat for saleHolly Park Drive, Birmingham B24
1 bed
1 bath
1 reception
517 sq. ft
EPC Rating: C
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About this property
An excellent opportunity to acquire a well presented ground floor one-bedroom apartment with tenant in situ, currently generating £750.00pcm (£9,000 per annum).
Situated within the popular area of Erdington, Birmingham the apartment extends to approximately 517 sq ft (48 sq m) and benefits from a 299-year lease from 1 January 2012. It comprises a hallway, spacious lounge/dining room, modern fitted kitchen, double bedroom, amazing bathroom and storage area. It further benefits from well-maintained communal grounds and a garage. The apartment is ideally positioned close to local amenities, transport links and Birmingham City Centre.
Investment Information
Rental Income: £750 pcm (£9,000 per annum)
Tenure: Leasehold Lease Term: 299 years from 1 January 2012
Council Tax Band: A
EPC Rating: C
Service Charge & Ground Rent: Available upon request
A ready-made investment opportunity offering immediate rental income, a long lease, making it an attractive addition to any buy-to-let portfolio.
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More information
Tenure
Leasehold (285 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review