A modern, gated apartment located in the sought after location of Lexington Gardens, Birmingham.With a current tenant in situ paying 1050 per month, this apartment presents a fantastic investment and excellent yield of 7.88%.Accommodation: 548 sqftKitchen area comprises of a full fridge/freezer, oven/hob, wall and base units, roll top work surfaces, stainless steel sink and drainer, and spotlights.Lounge/dining area: Double glazed window, wall mounted electric heater and laminate wooden flooring.Bedroom: Double glazed window, wall mounted heater and carpet flooring.Bathroom: A well presented bathroom suite with paneled bath with shower overhead, toilet, wash hand basin, vanity mirror, partly tiled, laminate flooring, spotlights, electrical point, and wall mounted heated towel rack.Electric heating & hot water. Service charge: 1200.00 per yearGround rent: 350.00 per yearLease: 242 years remaining
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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