50 George Street, Birmingham, West Midlands, B3 1PP
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
667 sq ft
62 sq m
Key features
- Great Location
- EPC C
- Good for investors
- Property has parking
- 129 years from 1 March 2004 (109 Years left on the lease)
- Service charge £318.03 per month
- Ground rent is £225 per annum
Description
Introduction
Welcome to George Street, a thriving residential area in Birmingham, offering an exciting opportunity for investors to acquire a stylish 2-bedroom flat with exceptional features. This property presents the perfect chance for those seeking a lucrative investment in a prime location, ensuring lucrative returns for years to come.
Property Features
Situated in the heart of Birmingham, this spacious 2-bedroom flat boasts a modern design and comes complete with a parking space. Whether you are a first-time buyer or an experienced investor, this property guarantees excellent potential in the highly competitive rental market.
Location
George Street is a highly coveted area renowned for its vibrant atmosphere, excellent amenities, and convenient transport links. Within close proximity, you'll find an array of shops, restaurants, entertainment venues, and local markets.
The Flat
As you enter this well-maintained flat, you are greeted by a welcoming hallway that leads to all the main rooms. The fully-fitted kitchen features modern appliances, providing all the necessary amenities for a comfortable and convenient lifestyle.
This property offers two spacious bedrooms, providing ample space for sleep, work, or study. The bathroom boasts contemporary fittings, ensuring a refreshing and stylish environment. With its well-designed layout and high-quality finishes, this flat is truly a remarkable find.
Investment Potential
With a high EPC rating, this property displays remarkable energy efficiency, making it an attractive proposition for both tenants and investors. Whether you choose to rent out the flat or use it as a vacation home, its prime location guarantees a strong rental yield and great demand.
For Investors
Investors will appreciate the fantastic rental potential of this property. accommodation. This flat presents the perfect opportunity to expand your portfolio and generate long-term returns.
For First-Time Buyers
If you are a first-time buyer, this property offers an excellent opportunity to get onto the property ladder. Its attractive location, modern design, and great amenities make it a desirable home for prospective homeowners. Plus, with Birmingham's ongoing development and growth, property values in George Street are expected to rise consistently.
Tenure: 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.
£225 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.
£313.03
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.
Ask agent
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: D
50 George Street, Birmingham, West Midlands, B3 1PP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Paul's Tram Stop0.4 miles
- Birmingham Snow Hill Tram Stop0.4 miles
- Jewellery Quarter Tram Stop0.4 miles
About the agent
MECS, Harborne
318 High Street Harborne Birmingham B17 9PU
Are you in search of professional guidance for the sale of your property? Look no further. MECS Sales & Lettings proudly represents itself as the premier real estate authority serving the esteemed Harborne community and its adjacent regions. At MECS, we firmly believe that our unwavering commitment to delivering an authentic, trustworthy, and transparent service lies at the heart of our flourishing enterprise.
In an era of dynamic transformation within the real estate sector, where onli
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference MCS_MCS_LFSYCL_321_477309635. 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 MECS, Harborne. 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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