1 Bedrooms Flat for sale in Great Charles Street Queensway, Birmingham B3 | £ 125,000
Overview
| Price: | £ 125,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | West Midlands |
| Town: | Birmingham |
| Postcode: | B3 |
| Address: | Great Charles Street Queensway, Birmingham B3 |
| Bathrooms: | 1 |
| Bedrooms: | 1 |
Property Description
This 1-bedroom apartment is located on the 7th floor of the incredibly popular Devonshire House development, offering great views of the surrounding city. This apartment comprises of a bright living room/dining area, a fitted kitchen with washing machine and fridge-freezer, a spacious bedroom with a double bed and bedroom furniture and a bathroom complete with 3-piece suite. Residents of this luxury apartment benefit from the building's secure entry system and bicycle storage, as well as being situated right in the centre of Birmingham. It is easy to see why Devonshire House is so popular!
The property is ideally located, with a number of Birmingham's best amenities right on its doorstep. There is always something to do in this fantastic city, with notable attractions such as the Bullring Shopping Centre, the Cadbury's Factory and countless bars and restaurants - it actually boasts the most Michelin Star restaurants outside of London! Birmingham also has a vibrant nightlife and incredible transport links to the rest of the UK and the world, with Birmingham New Street train station being less than a 10 minute walk away and Birmingham Airport being a 30 minute drive away. It's no surprise that Birmingham is the most popular city destination for people leaving the capital!
Birmingham is Britain’s second largest city with a population of over 1 million and is one of the most youthful cities in Europe, with nearly 40% of its inhabitants aged under 25, ensuring that it is constantly at the forefront of culture, technology and business - which is very attractive to professionals looking for a cosmopolitan lifestyle outside the Capital. Birmingham has some of the highest tenancy rates in the UK with almost a quarter of households in the city currently renting. It is also experiencing impressive population growth which is boosting the housing market year after year and according to Knight Frank, house prices are predicted to grow by 12.5% by 2022.
Financial Breakdown
Gross rent: £8,700
Ground rent: £200
Service charge: £1,726
Lettings fees: £1,044
Net income: £5,730
Gross yield: 6.96%
Net yield: 4.58%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13337
Property Location
Property Marketed by Yieldit
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