Rotunda, New Street, B2 4PA
- PROPERTY TYPE
Apartment
- BATHROOMS
1
- SIZE
355 sq ft
33 sq m
Key features
- Stylish studio apartment
- One bathroom: with walk-in shower
- Iconic development
- 4th floor apartment with great views
- Great investment potential with potential 6%+ gross yield
- City Centre location
- 0.3 miles to New Street station and close to future HS2 terminus at Curzon Street
- Approximate service charge: £2458.60pa (including reserve fund)
- Approximate ground rent: £406.98pa
- Approximate lease length: 226 years
Description
This property is currently tenanted offering a gross yield of 6.08% with scope to improve with some minor updates and improved potential of 7% at the end of this fixed term, but will also be available to owner occupiers from February 2024 so could make the perfect home for somebody wanting to reside in a desirable and well-located part of Birmingham. Speak to the team for more information on this.
The development is also a neighbor of the Bull Ring, providing endless places to shop for anyone interested in high street fashion. The Rotunda is also a short walk from a wide range of restaurants and cafes allowing you to enjoy the cuisine that all cultures have to offer. A popular choice is a restaurant located on Bennett's Hill, 'Bodega', which rustles up homemade South American-inspired cuisine, and puts an original twist on traditional dishes.
Rotunda is located right in the centre of Birmingham's shopping district, with the Bullring on its doorstep and New Street and Moor Street train station both a 0.3 mile walk away, and the upcoming High Speed 2 Curzon Street terminus a short walk from the property on completion.
Approximate service charge: £2458.60pa (including reserve fund)
Approximate ground rent: £406.98pa
Approximate lease length: 226 years
EWS1 status: Passed (B1)
Living/ Sleeping Area - A cleverly designed living area incorporating a living space and a designated sleeping area.
Kitchen - Fully integrated kitchen with electric hob, oven, fridge/freezer and washer/dryer.
Bathroom - Smart bathroom with walk-in shower and heated towel rack.
Disclaimer - - 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.
Brochures
Rotunda, New Street, B2 4PABrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£406.98 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£2458.6
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
226 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: C
Rotunda, New Street, B2 4PA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Birmingham New Street Station0.2 miles
- Birmingham Moor Street Station0.1 miles
- Birmingham Snow Hill Station0.4 miles
About the agent
FleetMilne, Birmingham
85-89 Colmore Row Birmingham B3 2BB
At FleetMilne, we've helped thousands of couples, families, friends and students find their perfect property.
Since getting started in 2004, our high standard of service for landlords, vendors, tenants and purchasers has enabled us to be recognised as Birmingham's leading estate agents.
From letting, managing to selling and consulting, our experience lends itself to taking care o
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32401663. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by FleetMilne, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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