INVESTMENT PROPERTY SALE Stunning 1 bedroom apartment in Moseley | Fully Furnished to an extremely high standard | Third floor | On street parking available in the area | White goods included | Outside of the clean air zone | EPC B | This lovely 1-bedroom apartment, located on the 3rd floor, offers a peaceful haven with courtyard views and an abundance of natural light. The apartment's layout is designed for comfortable living. The open-plan living room and kitchen area is filled with sunlight, creating a warm and inviting space. The kitchen comes complete with all necessary white goods, making daily tasks a breeze. The bedroom is furnished with high-quality pieces, ensuring comfort and style. Storage solutions are readily available to keep things organized. The bathroom features a shower over the bath, catering to both quick morning routines and relaxing evenings. A standout feature of this apartment is its location outside Birmingham's clear air zone, meaning you can explore the city without any restrictions. With proximity to Birmingham City Centre, you're just a short journey away from dining, entertainment, and cultural attractions. INVSTMENT INFORMATION Full Address: Flat 11, 124 Alcester Road, Birmingham B13 8EP Asking Price: £170,000.00 Current Rental Income: £1,050.00 (pcm) £12,600.00 per annum Service Charge: £150.00 (pcm) £1,800.00 per annum Ground Rent: £13.50 (pcm) £162 per annum Tenure: Leasehold (143 years remaining) Date Current Tenant Moved in: 02/09/2024 Date Current Tenants Contract Is Due To Expire: 20/09/2026 Managing Agent In Place: Yes (9% + VAT monthly management fee) Condition: Excellent throughout Bathrooms: 1 Bedrooms: 1 Parking: N/A
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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