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SOLD STC

Cox Street, Birmingham, B3

Offers in Region of
£135,000
Reduced on 22/06/2021
John Shepherd, Birmingham
PROPERTY TYPE
Apartment
BEDROOMS
x1
BATHROOMS
x1

Key features

  • First Floor Apartment
  • Secure Allocated Parking
  • Tenant Currently In Situ Achieving £685 Per Calendar Month
  • Gross 5.4% Return On Investment
  • Healthy 100 Year Lease Remaining
  • Offered With No Upward Chain
  • Financial District Within 7 Minute Walk
  • Service Charge And Ground Rent Combined £1,400 Per Annum
  • Grand Central Station Reached In 10 Minutes

Property description

Tenure: Leasehold

First floor, readymade investment opportunity facing St Pauls Square in the true heart of the Jewellery Quarter. Neutrally decorated throughout, prime central location and secure allocated parking are some of the benefits this property holds.

With a current rental income of £685 per calendar month, this fantastic one double bedroom investment derives in excess of a 5.4% gross return on investment with extremely low service charge and ground rent combined.

The location couldn’t be better, St Pauls Square is home to an array of stylish restaurants and bars along with the historic church directly opposite. The Jewellery Quarter is widely considered the most sought after place to live within the City with transportation links on the doorstep. Both Grand Central Station and Snow hill Station are within easy walking distance providing fast and frequent connections.

This apartment has always let quickly and maintained a steady income with rent increases rising in increments over the years. The vendor has no upward chain and the apartment is available to purchase as a readymade investment.

Energy Performance Certificates

EPC Rating Graph

Cox Street, Birmingham, B3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Paul's Tram Stop0.1 miles
  • Birmingham Snow Hill Tram Stop0.3 miles
  • Birmingham Snow Hill Station0.4 miles
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About the agent

John Shepherd, Birmingham

6 Colmore Row, Birmingham, B3 2DA

John Shepherd, Birmingham

One of Birmingham's longest established and most respected full service estate agent covering Birmingham City Centre, Worcestershire, Staffordshire and Warwickshire- we combine experienced personnel with innovative marketing, to provide the very best property services to buyers, sellers, landlords and tenants.

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Disclaimer - Property reference JSB210130. 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 John Shepherd, 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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