Offers over £120,000

1 bed apartment for sale in Hagley Road, Birmingham, B16 (ref: 547800)

Shortlist

Key Features

  • Modern City Centre Apartment
  • One double bedroom and additional office/study
  • Open plan lounge/dining area
  • Modern fitted kitchen
  • Bathroom with overhead shower
  • 24 hour concierge service
  • Ideal city location
  • EPC- C
BEING SOLD WITH TENANTS IN SITU We have a rare opportunity to purchase a spacious and stylish, one bedroom sixth floor apartment situated in the popular and vibrant area of Five Ways, Birmingham. Perfect for young couples or those looking for a property close to their city based workplace.

Access to the building is via a main entrance with steps leading up to the reception area where there is a 24 hour concierge to help with enquiries.

Taking either the lift or staircase up the sixth floor, the apartment itself comprises of an entrance hall with built in cupboard space, spacious lounge/dining area with views looking out over the city centre, modern fitted kitchen with integrated appliances including washing machine, dishwasher, oven, hob and fridge/freezer, one double bedroom with additional room for use as an office space or study and a good sized bathroom with bath and overhead shower.

If this property was rented out there is a gross yield of 7.85% if it was rented at £850pcm with a sale price of £130,000

Located in the heart of Birmingham City Centre, local amenities including shops, restaurants and entertainment facilities are all within walking distance with the popular Broadway Plaza only a stones through away which has a cinema, bowling alley, mini golf course and several restaurants. Five Ways Train Station is also within walking distance as well as plenty of bus routes opening up various opportunities to travel outside of the city centre.

Annual Ground rent is £250 with an annual service charge of £2495.26. There is 102 years left on the lease.

Lounge/Dining area5.28mx3.56m

Kitchen1.68mx2.34m

Bedroom4.3mx2.97m

Office3.9mx2.54m

Bathroom1.98mx1.9m

Stamp duty due

Based on a sale price of £120,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

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Further Details

  • Status: Available
  • Tenure: Leasehold
  • Reference: 547800

Location

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