2Bedrooms
2Bathrooms
925 sqmSize
Strategy: Tenanted
FleetMilne are delighted to offer this large (925sqft!) two bedroom apartment with two bathrooms (one main bathroom, one ensuite) in the Northwood Plaza development. Northwood Plaza is ideally located within close proximity to the picturesque St Paul's Square and in the historic Jewellery Quarter. This property is perfect for investors, or for owner occupiers looking for a spacious property in a great location.
The apartment features an open plan living room/kitchen which has integrated appliances. The two double bedrooms are spacious with fitted storage. The property has two modern bathrooms, one being an en-suite shower room and main bathroom has a shower over the bath. The property also comes with secure parking in the gated car park.
The apartment is currently tenanted with a potential yield of 6.2%, with scope to improve the property and boost the rent at the end of the fixed term. For further information on how to improve the yield or about the current tenancy, please call to discuss.
Northwood Plaza is located in the Jewellery Quarter, situated less than 0.2 miles from the idyllic St Paul’s Square area, which is known for its friendly village vibe in the heart of the city and is where plenty of independent restaurants and bars call home. One such eatery is Otto Pizza - everything is stone-baked in their wood-fired pizza oven at 500 degrees for 90 seconds, and is utterly delicious!
The Jewellery Quarter is home to the School of Jewellery and is 0.5 miles from University College Birmingham. You would also be placed just 0.3 miles from the Jewellery Quarter station, and with New Street railway station only 0.7 miles away you are perfectly placed to explore the city and beyond.
Approximate service charge: £3716.86 (it is a large property so service charges will automatically be higher than average)
Approximate ground rent: £225pa
Approximate lease length: 104 years
EWS1 status: Not required (low-rise development)
Living Area - Spacious, open plan living area with large windows.
Kitchen - Integrated kitchen with designated dining area.
Bedroom 1 - Large double bedroom with plenty of storage.
Ensuite Bathroom - Shower room with walk-in shower.
Bedroom 2 - Large double bedroom with plenty of storage.
Main Bathroom - Bathroom with shower over bath
Disclaimer - Disclaimer - -Upon formal acceptance of an offer, all purchasers will be asked to produce identification and full details of their chosen solicitor. In order to avoid delays, this must be produced swiftly. Unreasonable delays may result in the acceptance being withdrawn.
-These property details do not constitute part or all of an offer or contract.
-Purchasers are advised to check the measurements before committing to any expense as many of the measurements are taken directly from the developer’s original floorplans. Changes or adjustments may have been made since, or the original measurements may have not been accurate.
-Apparatus, equipment, figures, fittings, goods or services have not been formally checked by FleetMilne. It is in the purchaser’s interest to check the working condition. Access can be arranged in order to do so – please just request an additional visit via our team.
-The legal title of the property has not been checked by FleetMilne, purchasers are advised to instruct their solicitor to do this.
Sourced reference: 160769429
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Birmingham
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