Property Details: • Type: Apartment • Tenure: LEASEHOLD • Floor Area: 507 sqft
Key Features: • 10-year building warranty • Currently tenanted, ideal for investors • Expected yield of 5.5%
Location: • Nearest Station: Acocks Green Station • Distance to Station: 0.9738555710092717 miles
Agent Information: • Address: Covering Manchester
Full Description: A stylish one-bedroom ground floor apartment set within a striking former bank building in Sheldon, Birmingham B26, now transformed into 57 contemporary one and two-bedroom homes. This tenanted investment opportunity offers an immediate income stream in one of the Midlands' key regeneration corridors, linking Birmingham Airport to the city centre via excellent transport connections.<br /><br />The building's original 1970s four-storey character has been reimagined into light, airy interiors finished to a high specification, designed to appeal to long-term tenants and command strong rental demand. With the property already let, this is a straightforward, hands-off addition to any investment portfolio.<br /><br />B26 continues to attract investor interest thanks to its position within a major growth and regeneration zone, benefiting from proximity to Birmingham Airport, the nec, a wide range of major employers, and strong retail, leisure and entertainment amenities nearby.<br /><br />Built by an award-winning developer recognised as Midlands Residential Developer of the Year, this scheme has been finished to completion, meaning there is no waiting period, no build risk and rental income begins right away.<br /><br />Key Features<br />One-bedroom apartment, ground floor<br />Currently tenanted, ideal for investors<br />250-year lease<br />10-year building warranty<br />Expected yield of 5.5%<br />Service charge estimated at £2.49 psf<br />£185,000 purchase price<br />£5,000 reservation fee, simultaneous exchange and completion<br />Located in B26, Birmingham, within a major regeneration corridor<br />Excellent transport links to Birmingham Airport and the city centre<br />Close to major employers, retail, leisure and entertainment<br />Development complete, ready for immediate income<br /><br />Enquire today for the full investor pack.
