Guide price
£147,000
(£318/sq. ft)
1 bed flat for saleLatitude, Bromsgrove Street B5
1 bed
1 bath
1 reception
462 sq. ft
EPC Rating: C
- Leasehold
FleetMilne
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About this property
Open to investors, tenant in situ with potential 7% gross yield until August 2025
Available to owner occupiers
One bedroom apartment
Balcony in living room
One bathroom: With shower over bath
Open plan living
0.4 miles to New Street station
0.8 miles to Snow Hill station
Approximate ground rent - £230pa
Approximate service charge - £1,318.20pa
Located on Bromsgrove Street in the popular Chinese Quarter, this charming flat in the popular Latitude development offers a perfect blend of comfort and style. Step into the open plan living area, flooded with natural light and boasting access to a private balcony, ideal for enjoying your morning coffee or unwinding after a long day. The fully integrated kitchen is a chef's dream, complete with a built-in fridge/freezer and washer/dryer for added convenience.
The property also has the option to buy with tenant in situ until August 2025, offering the perfect turn-key investment with a potential gross yield of 7% based on the current rental. Speak to the team for more information on the tenancy and our management services.
This delightful flat features a generously sized double bedroom, adorned with a floor-to-ceiling window that fills the room with warmth and light. The bathroom is elegantly designed, featuring a shower over the bath for a relaxing soak after a busy day.
With 462 sq ft of well-utilised space, this property is perfect for those seeking a cosy yet modern living space in a vibrant location. Don't miss the opportunity to make this flat your own and experience the best of city living in Birmingham.
The apartment is located close to the Arcadian area and China Town, and so offers easy access to the city centre and the rest of the local attractions, including a host of bars, restaurants and theatres. It also benefits from being just a 0.4 mile walk away from New Street station.
Right next door to Grand Central and The Bullring, Chinatown is in the heart of it all and yet has its own feel – authentic, established and easy-going. It also boasts the Glee Club, the Hippodrome and the iconic Mr Egg takeaway.
Service Charge: £1318.20 pa
Ground Rent: £230 pa
Remaining Lease: 116 years
EWS1 rating: B1
Living Room
Open plan living area.
Kitchen
Integrated kitchen.
Bedroom
Double bedroom with bedside tables.
Bathroom
Bathroom suite with shower over bath.
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.
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More information
Tenure
Leasehold (116 years)
Service charge
£1,318 per year
Council tax band
B
Ground rent
£230
Ground rent date of next review