£110,000
2 bed flat for saleMasshouse Plaza. Birmingham B5
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Two bedroom apartment for sale Masshouse, Birmingham GBP110,000
An excellent opportunity to acquire a two bedroom apartment in the popular Masshouse development, Birmingham (B5 5JF).
Offered to the market at GBP110,000, this property presents an attractive opportunity for buy to let investors and owner occupiers alike.
The apartment benefits from two well proportioned bedrooms, a private balcony, allocated parking and the added convenience of being sold fully furnished.
Offered with vacant possession, the property provides flexibility for buyers looking to move in themselves or investors wishing to secure a tenant following completion.
With an estimated rental income of approximately GBP1,200 per calendar month (GBP14,400 per annum), the property offers a potential gross rental yield of approximately 13.1%, based on the asking price.
Property features:
• Two bedroom apartment
• Popular Masshouse development, Birmingham
• Asking price: GBP110,000
• Potential rental income: GBP1,200 pcm
• Approx. 13.1% potential gross rental yield
• Private balcony
• Allocated parking
• Fully furnished
• Vacant possession
Leasehold information:
• Approximately 127 years remaining on the lease
• Ground rent: GBP403.50 per annum
• Service charge: GBP3,071.60 per annum
Conveniently situated in Birmingham city centre, Masshouse offers access to the city's shopping facilities, restaurants, business districts, universities and transport links.
A competitively priced city centre apartment offering vacant possession, parking and attractive potential rental income. Early viewing is highly recommended!
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