Liberty Place, Sheepcote Street, B16 8JT
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Description
£120,000 | Investment Opportunity | Tenant in Situ
An excellent opportunity to acquire a well-located third-floor studio apartment within the popular Liberty Place development, ideally positioned close to Birmingham City Centre and Brindleyplace.
This property is offered with a long-term tenant in situ, currently paying £775 per calendar month, providing a strong gross rental yield of 7.75%, making it an attractive turnkey investment for landlords seeking immediate rental income.
The accommodation comprises a bright and well-proportioned open-plan living and sleeping area, fitted kitchen, and a modern bathroom suite. Situated on the third floor, the apartment benefits from a secure communal entrance and lift access within this well-maintained development.
Please note, the property does not include parking.
Lease & Charges (as advised by the leaseholder):
• Approximately 101 years remaining on the lease
• Ground Rent: £250 per annum
• Service Charge: £1,756 per annum
Liberty Place is conveniently located within walking distance of local amenities, restaurants, canalside walks, and excellent transport links, making it a consistently popular location for tenants and professionals alike.
Key Features:
• Studio apartment
• Third floor position
• Tenant in situ – £775 PCM income
• Gross rental yield 7.75%
• Long lease remaining (101 years approx.)
• No parking included
• City centre location
Early enquiry is recommended to avoid disappointment.
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Liberty Place, Sheepcote Street, B16 8JT
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About Asset Residential, Birmingham
Unit 6, Sirius Building, John Bright Street, Birmingham, B1 1BE
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