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Studio flat for sale

College Road, Birmingham, B8


Property Description

Full description

Tenure: Leasehold

St. Peters Urban village comprises three blocks of purpose built student accommodation. This is a professionally run operation to organise upkeep and repairs, cleaning, letting and letting management. A full breakdown of costs is available to view including a full letting management cost after which a net income, which is calculated as actual banking post all service agreement costs and full letting management fees, of approximately £1479.95 (subject to verification), which offers a 6% return. 

This is a fully hands off investment aimed at those wishing to appropriate funds in order to redeem a favourable return without the usual difficulties or demands of land lording.

Each unit (number 35 in this case) offers a pod to include: Bed, chair, desk, storage and en- suite with shower cubicle, WC and wash hand basin.  

Interior pictures shown are examples and may be of other rooms, but each pod is decorated and fitted to the same high standard.

Lease: 125 years from 2015 (subject to confirmation).

More information from this agent

Listing History

Added on Rightmove:
09 August 2019

Map & Street View

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