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Property Details: • Type: Apartment • Tenure: LEASEHOLD • Floor Area: 517 sqft
Key Features:
Location: • Nearest Station: Erdington Station • Distance to Station: 0.7437665470277922 miles
Agent Information: • Address: Nationwide
Full Description: 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).<br /><br />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.<br /><br />Investment Information<br />Rental Income: £750 PCM (£9,000 per annum)<br />Tenure: Leasehold Lease Term: 299 years from 1 January 2012<br />Council Tax Band: A<br />EPC Rating: C<br />Service Charge & Ground Rent: Available upon request<br /><br />A ready-made investment opportunity offering immediate rental income, a long lease, making it an attractive addition to any buy-to-let portfolio.<br /><br />
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