1 bed flat for sale

Nexus Point, Edwards Road, Birmingham B24

Description

** Buy-to-Let Investment ** Erdington ** Currently Tenanted ** 6.9% Yield **

This 1-bedroom apartment is currently tenanted providing investors with instant income. Property management company available upon request to provide a hands off investment opportunity.

To receive a detailed investment cash flow call us now!

Key Features:
* Spacious Bedroom: A bright and airy double bedroom with built in wardrobes, offering comfort and luxury for tenants.
* Open-Plan Living Area: The apartment boasts an open-plan living and dining space, perfect for modern living. The large windows flood the room with natural light, creating a warm and inviting atmosphere.
* Fully-Fitted Kitchen: A sleek, contemporary kitchen equipped with integrated appliances, providing everything tenants need for luxury living.
* Modern Bathroom: A stylish and modern bathroom with high-quality fixtures.
* Secure Entry: The property is part of a well-maintained building with secure entry, ensuring safety and peace of mind for residents.
* Transport Links: Ideally situated 0.2 miles from Erdington Train Station and walking distance local bus routes, making commuting easy and accessible.

Erdington offers a warm, community-focused vibe that's rare to find so close to Birmingham's city centre. Picture tree-lined streets, lovely local parks, and a variety of shops and eateries that give the area a true neighbourhood feel. With excellent transport links, you're only minutes away from the heart of Birmingham, yet surrounded by the charm of a quieter life. Erdington's affordability and growing appeal make it an attractive option for families, first-time buyers, and investors alike. If you're looking for a place that combines convenience with a friendly, down-to-earth atmosphere, Erdington is a fantastic choice to consider.

Investing in Birmingham

Birmingham is one of the UK's top hotspots for property investment, thanks to its dynamic economy, thriving business sector, and strong population growth. As the country's second-largest city, Birmingham is benefiting from massive regeneration projects, such as the Big City Plan and HS2, which will further improve connectivity to London and other major cities.

With a rising population, Birmingham's housing demand is set to grow alongside it. This includes a young, growing population of professionals seeking quality rental accommodations, keeping rental demand high, providing investors with strong yield potential and low vacancy rates. Furthermore, property values in Birmingham have shown steady appreciation, making it a smart choice for long-term capital growth.

Now is the time to invest in Birmingham, as it combines solid rental returns with exciting growth potential, making it an attractive and strategic investment location.

Service Charge: £1,200pa
Ground Rent: £267pa
Square Footage: 358 sqft
Leasehold - 145 years remaining
Council Tax Band - A
Gross Yield - 6.9%
Property Construction: Brick
Electricity Supply: Mains
Water Supply: Mains
Sewerage: Mains
Heating Supply: Electric
Broadband: Refer to Ofcom
Mobile Signal Coverage: No known issues
Building Safety Issues: No known issues

All descriptions, dimensions, and other details provided in this listing are intended for guidance only. While we strive for accuracy, prospective buyers are encouraged to make their own enquiries and verify information directly with relevant authorities. Property features and specifications may be subject to change. Neither the seller nor the estate agent can be held responsible for any discrepancies in this description.

Council Tax Band: A
Tenure: Leasehold (145 years)

Master Bedroom

En-Suite

Kitchen/Lounge