Studio for sale in The Lightwell, 71 Cornwall Street, Birmingham B3

£170,000
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Studio for sale

1 1

Tenure:
Leasehold
Time remaining on lease:
244 years
Service charge:
£824.76 per year
Ground rent:
£275
Council tax band:
C
More details

Property features

  • High quality studio apartment
  • One shower room with luxury tiling
  • High quality fixtures, fittings and finishes throughout
  • Desirable development with great investment potential
  • Potential gross yield in excess of 6% annually and reasonable service charges & ground rent
  • An 8 min walk to Birmingham New Street, or less than 5 to Snow Hill Station
  • Central Colmore Business District city core location
  • Approximate service charge: £824.76pa
  • Approximate ground rent: £275pa
  • Approximate lease length: 244 years

Property description

Completed in 2019 yet full of character, this stunning studio apartment at The Lightwell development in the highly sought after Colmore Business District is at the very heart of Birmingham's City Core. The building conversion was completed to a high standard, providing luxury living for residents in a prime location, and benefits from high quality, contemporary fixtures, fittings and finishes throughout. The property offers great investment potential with a potential gross yield in excess of 6% annually and reasonable service charges & ground rent.

This spacious studio apartment is complete with all living essentials in a luxurious style. The open-plan living area is immaculately presented and boasts an integrated kitchen and a designated dining area. The kitchen includes a fridge/freezer, oven, induction hob, extractor and dishwasher. The washer dryer is included, integrated into a separate cupboard. The sleeping area is generous in size and gives access to the sleek en-suite shower room, giving the bedroom privacy from the rest of the property with its' own dedicated space as part of the smart apartment design.

The Lightwell's rare central location provides the best access to a heady mix of art galleries, shopping, comedy houses, gyms, eateries and global business hubs. For a truly unique and authentic experience, head to The Electric Cinema - the UK's oldest Picturehouse, or if artisan patisserie served with a side of art is more your thing, take a short stroll to Medicine Bakery + Kitchen to sample their cruffins or croughnuts!

The Lightwell is just an 8 min walk to Birmingham New Street and a 4 min walk to Snow Hill Station - the location of this apartment is quite perfect - well served by trains, buses and the metro, connecting you to the rest of Birmingham and beyond.

Approximate service charge: £824.76pa
Approximate ground rent: £275pa
Approximate lease length: 244 years
EWS1 status: Passed (B1)

Living Room

Open plan living area area.

Kitchen

Kitchen with separate dining area.

Bedroom

Double bedroom with free standing furniture.

Shower Room

Spacious walk in shower room.

Disclaimer

-Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor. In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
-These property details do not constitute part or all of an offer or contract.
-Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans. Changes or adjustments may have been made since, or the original measurements may have not been accurate.
-Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition. Access can be arranged in order to do so– please just request an additional visit via our team.
-The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.

Property info

Floorplan(s): Floorplan 1

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FleetMilne, and do not constitute property particulars. Please contact FleetMilne for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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