Investment Collection, 26 Granville Street, Birmingham, Birmingham, B1 2LJ

Four Fully Let Residential Apartments - Property Portfolio

Property details

Type Investment
Tenure Leasehold - copy head leases are available upon request: Cutlass Court x3: 125 year lease from 04/08/2006 (108 years remaining) Boardwalk Apartment: 125 year lease from 01/01/2000 (102 years remaining)
Price £950,000
Mail icon

Enquire about this property

Save property
  • 4 city centre apartments across 2 blocks
  • Each apartment includes an allocated parking space
  • Located in Birmingham city centre with excellent connectivity
  • Current rental income - £52,200 per annum
  • Guide price: offers based on £950,000
The apartments are located in the heart of Birmingham, a bustling city centre area that is ever popular amongst working professionals thanks to its eclectic offering of restaurants, bars, cafes, and shops. Wherever you want to be in Birmingham, be it The Bullring, Grand Central, Arena Birmingham, or the Birmingham canal network, it's on your doorstep! The location is well connected, with easy access to the Midland Metro tram line, New Street Station, Moor Street Station Snow Hill Train Station. On the road the A38M Aston Expressway leads to Junction 6 of the M6 Motorway.

This portfolio comprises of 4 income producing apartments across two separate apartment blocks, both located in the heart of Birmingham City Centre. There are 4 x 2 bedroom apartments, all of which have parking spaces included and one offering two bathrooms, producing a combined annual rent of £52,200. The asking price is £950,000.

Cutlass Court: x3 2-bed apartments producing £3,250 PCM (each apartment includes an allocated parking space)
Boardwalk Apartments: 2-bed apartment producing £1,100 PCM (includes an allocated parking space)
Offers are invited on £950,000 for this portfolio, subject to existing tenancies.
We have been advised that the property is not elected for VAT.
Available upon request
Legal Costs
Each party are to responsible for their own legal costs that may be incurred in this transaction.
Anti Money Laundering
In accordance with Anti-Money Laundering Regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.