- EWS1 IN PLACE - MORTGAGEABLE
- GREAT INVESTMENT
- BRILLIANT CITY CENTRE LOCATION
- FANTASTIC TRANSPORT ROUTES
- HIGH RENTAL YIELD
- LOW UPKEEP COSTS
EWS1 FORM IN PLACE – B1 RATING – MORTGAGEABLE
This property is currently on a contract with Premier Suites who are subletting the property, this means you’ll have a guaranteed rent of £730 (which will increase by 2% September 2022, and then by 2% again 2 years later). Making it a great investment for first time investors. This property is in contract until September 2025.
LV PROPERTY is proud to present this 1 bed apartment with Juliette’s balcony on the 3rd floor of Dean House. Property investment opportunities like this don’t come along often. Purchase this well presented City Centre pad which is within minutes walk to the Bullring and have the money roll in from day one. For those of you who are not so familiar with the area, it is worth noting that Dean House is located within walking distance of the planned HS2 train station at Curzon Street and New Street and Moor Street Stations. The development is also located right within the heart of the area which will become known as Birmingham Smithfield, which is undergoing one of the largest City Centre regeneration schemes in history worth over £500 million. So if you’re looking for capital growth then this could prove to be a sound investment.
The apartment offers a spacious entrance hall, a large open plan lounge with a modern kitchen and appliances and floor to ceiling windows with a Juliette balcony off of the lounge. As well as a double bedroom, bathroom with overhead bath shower and utility/ storage cupboard.
The low service charges and ground rent make this a fantastic investment opportunity or a great property for first-time buyers.
Lease remaining: 108
Ground Rent: £150P/A
Service Charge: £981P/A