INVESTMENT - Muntz House, Skipton Road, Ladywood
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Spacious 7th Floor Flat in Central Birmingham Location
- EPC Rating: C
- Investment with Tenant in Situation Paying £950pcm (£11,400 per annum)
- Two Bedrooms
- Living Room
- Sun Room
- Breakfast Kitchen
- Double Glazing and Electric Heating
- Lease 125 years from 29th June 1992.
- Ground Rent £10 per annum.
Description
Location
The property is located in a residential estate off Skipton Road, in turn off Francis Road. The estate is on the perimeter of Birmingham City Centre, conveniently located;
-circa. 0.4 miles from Broad Street Entertainment district.
-circa. 1 mile from Edgbaston Reservoir.
-circa. 1.5 miles from Birmingham New Street Station.
Description
A 7th floor flat located in a purpose built development. The block and surrounding blocks within the estate were part of various improvements as part of the 'Birmingham City Council Housing Improvements Programme 2015/16'. The flat has spacious accommodation, benefiting from uPVC double glazing and electric heaters.
Accommodation
Please refer to floor plan for room measurements.
Flat
Hallway, spacious living room, sun room, breakfast kitchen, two double bedrooms, bathroom with shower and W.C.
Communal Areas
With secure communal entrance, stairs, lift and corridors.
Parking
The development provides the opportunity for residents to apply for and purchase a resident parking permit, which would allow parking on the street within the estate.
Tenancy Information
The property was let in July 2023 on a 12 month assured shorthold tenancy agreement (AST) paying £950pcm (£11,400 per annum). The property is being offered strictly as a buy to let investment with the existing tenants in situation.
Lease Term
125 years from 29th June 1992.
Ground Rent
£10 per annum.
Service Charges
The development is managed by Birmingham City Council. Our client has advised that the service charges for 2023 were £1,748, reflective of some extra repairs to the block, and have historically been in the range of £950 to £1,150 per annum. This information has not been verified and prospective purchasers are advised to make enquiries via solicitors regarding service charge information.
Brochures
Property BrochureFull Details- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
INVESTMENT - Muntz House, Skipton Road, Ladywood
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About Cottons, Edgbaston
Cavendish House, 359-361 Hagley Road, Edgbaston, Birmingham, B17 8DL
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Visit our security centre to find out moreDisclaimer - Property reference 12287688. 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 Cottons, Edgbaston. 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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