Masshouse Plaza. Birmingham, B5 5JF
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Description
An excellent opportunity to acquire a two-bedroom apartment in the popular Masshouse development, Birmingham (B5 5JF).
Offered to the market at £110,000, this property presents an attractive opportunity for buy-to-let investors and owner-occupiers alike.
The apartment benefits from two well-proportioned bedrooms, a private balcony, allocated parking and the added convenience of being sold fully furnished.
Offered with vacant possession, the property provides flexibility for buyers looking to move in themselves or investors wishing to secure a tenant following completion.
With an estimated rental income of approximately £1,200 per calendar month (£14,400 per annum), the property offers a potential gross rental yield of approximately 13.1%, based on the asking price.
Property features:
• Two-bedroom apartment
• Popular Masshouse development, Birmingham
• Asking price: £110,000
• Potential rental income: £1,200 PCM
• Approx. 13.1% potential gross rental yield
• Private balcony
• Allocated parking
• Fully furnished
• Vacant possession
Leasehold information:
• Approximately 127 years remaining on the lease
• Ground rent: £403.50 per annum
• Service charge: £3,071.60 per annum
Conveniently situated in Birmingham city centre, Masshouse offers access to the city's shopping facilities, restaurants, business districts, universities and transport links.
A competitively priced city-centre apartment offering vacant possession, parking and attractive potential rental income. Early viewing is highly recommended!
- 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.
- Yes
- 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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Energy performance certificate - ask agent
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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 2737789. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.