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£180,000

(£419/sq. ft)

1 bed flat for sale

Essex Street, Birmingham B5

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

    • 430 sq. ft

  • EPC Rating: C

Key information

  • Tenure

    Leasehold (120 years)

  • Service charge

    £2,365 per year

  • Council tax band

    C

  • Ground rent

    £300

  • Ground rent date of next review

Essence Property Investment and Management Ltd

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About this property

  • Modern One Bedroom Apartment

  • Investment opportunity - Tenant-in-Situ

  • Currently Achieving 5.4% Rental Yield

  • Secure allocated parking

  • Clear View toward City Centre

  • EPC Rating C & Council Tax Band B

  • Short Walk to New Street Station

  • 24hr Concierge Service

Whether you are a First Time Buyer or an Investor, this home is a must view! Located in the ever-flourishing Chinese Quarter, you will be minutes walk from New Street Station and Bullring Shopping Mall. This area is widely regarded for great food and an even better community. View now before it's too late!

Great investment opportunity. We are delighted to present this one double bedroom apartment located closely to Grand Central Station and The Arcadian Centre. A fantastic property for the first time investor or to add to your portfolio of properties. This development is also cladding issue free for extra peace of mind, and a with a good yield and a handsome annual income this is a must see property.

This apartment comprising one double bedroom with brand new carpets, one bathroom, open plan lounge/kitchen, wooden flooring throughout and double glazed windows, with wash machine & dryer. Floor to ceiling windows in the living room give great view to the city centre. It also benefits from secure fob, intercom entrance and 24 hours concierge.

Lounge/diner 18' 9" x 10' 6" (5.723m x 3.222m) The well-presented living space has an abundance of sunlight from the clear view that it benefits from. Its wooden effect flooring is complimented by the lighter coloured walls. The room comprises of a comfy sofa, both dining and coffee tables that come with a modern glass finishing. It is spacious enough for side tables and even a study area as can be seen in this photo.

Kitchen 8' 2" x 7' 9" (2.51m x 2.385m) Modern fitted kitchen with built in undermounted fridge and freezer, electric hob and cooking hood, wall sockets, downward spotlights.

Spacious bedroom 13' 0" x 8' 6" (3.974m x 2.601m) Carpeted flooring, ceiling mounted lighting, sockets, electric heater, light switches, double glazed window with clear views into the City

bathroom 7' 3" x 6' 7" (2.225m x 2.022m) Three piece bathroom suite, with show over bath and tile bath surrounds, shaving socket point, wall mounted mirror and tiled flooring.

Ownership - 100%
Tenure - Leasehold. We are advised by the vendor that there is approx. 120 years remaining on the current lease.
Service Charge- We are advised by the vendor that the current service charge is approx. £2365 per annum with review period of tbc.
Ground Rent- We are advised by the vendor that the current ground rent is approx. £300 per annum with review period of tbc
* Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.

Services- Mains Water, mains electricity and mains drainage
Local Authority- Birmingham City Council, Council House, Victoria Square, Birmingham, B1 1BB
EPC Rating C & Council Tax Band B

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Essence has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Essence has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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Property descriptions and related information displayed on this page are marketing materials provided by - Essence Property Investment and Management Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Essence Property Investment and Management Ltd for full details and further information.