Property description
A superb first time purchase or potential investment opportunity with this first floor one bedroom apartment in Regal Court, Birmingham city centre, complete with open plan kitchen/living area, spacious bedroom and refitted shower room.
The property boasts a positive EWS CERTIFICATE WITH A2 RATING.
Property - This superb first floor apartment offers welcoming accommodation of open plan fitted kitchen/living area, bedroom and refitted modern shower room, offering the security of secure entry system complete with video intercom, with double glazing and electric heating.
An EWS certificate is in place with an A2 rating.
It offers a fantastic first purchase for city working professional, and buy to let investors will be particularly interested in Regal Court due to its attractive yield potential. With a potential 6.5% gross rental yield, the property offers an enticing return on investment, making it a lucrative option for buy-to-let investors. Birmingham's strong rental demand, coupled with its ever-growing population, ensures a steady stream of potential tenants. The city's reputation as a thriving business and educational hub contributes to the consistent demand for rental properties, creating a favorable environment for long-term rental income.
Furthermore, Birmingham has been witnessing significant regeneration and infrastructure development in recent years. Projects such as the HS2 high-speed rail network, the Paradise development, and the ongoing transformation of the city centre have boosted property prices and rental demand.
Area - Regal Court, located on Bishopsgate Street in the heart of Birmingham's city centre, is a prime location for urban living. This bustling area offers a vibrant lifestyle with a plethora of amenities and facilities, making it highly sought-after among residents and investors alike.
Positioned within close proximity to major transportation hubs such as Birmingham New Street Station and a Metro station within a stone's throw on Broad Street, Regal Court provides convenient access to the city's excellent transport network. This allows residents to easily navigate Birmingham and beyond, making it an ideal choice for those who value connectivity.
One of the standout features of Regal Court is its close proximity to a diverse range of amenities. Within walking distance, you'll find an array of shops, boutiques, cafes, restaurants, and entertainment venues. The Bullring Shopping Centre, renowned for its impressive selection of high-street and luxury brands, is a convenient walking distance away. Additionally, cultural attractions such as the Birmingham Museum and Art Gallery, Symphony Hall, and the Hippodrome Theatre are all within easy reach, offering residents a rich cultural experience.
Birmingham, as a city, is renowned for its thriving business district and employment opportunities. The presence of numerous multinational companies, financial institutions, and professional services firms ensures a robust job market, attracting a large number of professionals not forgetting its entrepreneurial start-up reputation. As a result, Regal Court holds significant appeal to young professionals and students seeking proximity to their workplaces or educational institutions.
Entrance Hallway - Includes electric heater, video intercom system, power points, recess ceiling downlighter, fuse board, doors to:
Open Plan Kitchen/Living Area - Living area hosts double glazed window, two ceiling light points, carpeted, electric heater, power points, TV/SAT and telephone point, door into boiler cupboard.
Kitchen area hosts a range of wall and base mounted units, roll worktop surfaces, stainless steel one and a half bowl sink with mixed tap above and draining area, tiled flooring, integrated appliances of fridge with freezer compartment, washer/dryer, dishwasher, oven, four ring electric hob and extractor hood above, plus white subway tiling to splashback areas, power points, four recessed ceiling downlighters.
Bedroom - Carpeted, ceiling light point, double glazed window, power points, electric heater, telephone point.
Shower Room - Modern refitted shower room, wash hand basin with mixer tap within vanity unit, low level WC with concealed system, four recessed ceiling downlighters, partly tiled, wall mounted heated towel rail, walk in a shower with splash screen, contemporary shower tower with rain showerhead and handheld hose
TENURE: LEASEHOLD
SERVICE CHARGE: £1543.74 per annum (reviewed yearly)
GROUND RENT: £130 per annum (doubles in 25 year increments)
LENGTH OF LEASE: 125 years from 2016
COUNCIL TAX BANDING: A
EPC: Awaited
Disclaimer - With approximate measurements these particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property.
However, they do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations or any type of appliances which may be included.
Read more