Full Description | ARDEN GATE, B15, GREAT INVESTMENT OPPORTUNITY | BLOCK A |
Davidsons are proud to present to the market this exquisite one bedroom property at the new Arden Gate development. The epitome of 'modern urban living', Arden Gate offers city centre living at its finest.
| IN SHORT |
*Modern 1 Bed Ground Floor Apartment *Sold Tenanted and Furnished- Totally Turnkey! *Providing a circa 6% NET Return for Investors *Walking Distance to City Centre and Edgbaston
| THE APARTMENT | The open-plan living room - complete with stylish floor-to-ceiling windows - opens up into a spacious kitchen-diner with new integrated appliances in with a neutral, contemporary finish. The kitchen offers a ceramic hob, built-in microwave and electric oven, fridge/freeze, dishwasher, canopy extractor and wine cooler. Leading off is the apartment's bedroom, complete with new furnishings and generous wardrobe space. The property is completed by a sleek, modern bathroom.
| THE DEVELOPMENT |
The Arden Gate development has been finished to a high standard throughout, and comes with an abundance of modern touches. With the opportunity for electric vehicle charging, CCTV, card-reader access and lifts throughout, the apartment complex offers both convenience and safety. Furthermore, its 'B15' location just a stone's throw from the amenities at Broad Street, Brindley Place and Five Ways offers optimal convenience, making Arden Gate the perfect option for those wishing to experience the urban city lifestyle.
KEY INFORMATION:
Service Charge: Approx. �1,000/annum Ground Rent: �250/annum Years on Lease: Approx. 147 years Current Rent: �950/pcm End Date: Periodic NET Yield: circa 6%
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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