The Orion Building, Navigation Street, Birmingham, B5 4AB
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- 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
An excellent opportunity to acquire this well-presented, fully furnished one-bedroom apartment within the Orion Building, offered for sale at £130,000.
The property provides well-proportioned accommodation and would make an ideal purchase for a first-time buyer, professional or buy-to-let investor. Offered fully furnished, the apartment is ready for immediate occupation and also provides a straightforward proposition for an investor looking to let the property.
Upon entering, the apartment opens into a bright and welcoming open-plan living and kitchen area, providing a comfortable space for both relaxing and dining. The contemporary fitted kitchen offers a good range of units and integrated appliances, while the neutral décor and wooden flooring create a modern and easy-to-maintain finish.
The bedroom is generously proportioned and benefits from a particularly useful walk-in cabinet space, providing excellent additional storage and helping to keep the bedroom spacious and uncluttered.
The property is completed by a modern bathroom with bath and overhead shower, together with attractive tiled finishes.
The Orion Building offers established modern apartment living, with communal areas and a convenient setting for those looking for an accessible city lifestyle. The building is well suited to professionals and tenants seeking practical, low-maintenance accommodation.
The combination of a fully furnished apartment, generous bedroom, walk-in cabinet space and well-designed living space makes this an appealing property for both owner-occupiers and investors.
The property is expected to achieve rental income in the region of £900–£925pcm, subject to market conditions and the final agreed tenancy.
At the asking price of £130,000, this equates to an approximate potential gross rental yield of 8.4%
This is before allowing for service charges, ground rent, management fees, maintenance, void periods and other associated costs.
We have been advised of the dolling information by the leaseholder:
• Lease length remaining: 103 years
• Service charge: £4,461.16 per annum
• Ground rent: £455.66 per annum
- 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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About Asset Residential, Birmingham
Unit 6, Sirius Building, John Bright Street, Birmingham, B1 1BE
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Visit our security centre to find out moreDisclaimer - Property reference 2734714. 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 Asset Residential, 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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