Flat for sale in Masshouse Lane, Birmingham B5

£160,000
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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
132 years
Service charge:
£1,625.72 per year
Ground rent:
£267
Council tax band:
Not yet known - A band has not yet been confirmed.

Utilities and more details

Property description

Masshouse plaza | Modern One Bedroom | Opposite new HS2 site | Juliet Balcony | No Chain | Located on the 1st Floor | Reasonable Service Charge | Close proximity to The Bullring and Moore Street Train Station | 10 Minutes walk to Birmingham New Street Station

masshouse plaza | Modern One Bedroom | Opposite new HS2 site | Juliet Balcony | No Chain | Located on the 1st Floor | Reasonable Service Charge | Close proximity to The Bullring and Moore Street Train Station | 10 Minutes walk to Birmingham New Street Station

*no chain
*Good Condition
*Tenant in Situ
*1st Floor
*Can be sold with vacant possession
*Walking Distance to All Major City Centre Landmarks

The apartment complex is secure with videophone entry and there is a daytime concierge. The property benefits from a double bedroom, open plan lounge/kitchen with integrated appliances and a Juliet balcony facing the HS2 site due for completion in 2026. There is also an entrance hallway and spacious bathroom with shower over bath and a storage cupboard.

Key information:

Leasehold: 133 years
Service Charge: £1,625.72/annum
Ground Rent: £267.00/annum
Rental Value: £745/pcm (should be £950/pcm)
Current net Yield: 4.4%
Projected net Yield: 6%
EWS1: A2

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Floorplan(s): Floorplan Floorplan

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Davidson Estates, B15 on +44 121 659 0194 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Davidson Estates, and do not constitute property particulars. Please contact Davidson Estates 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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