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£ 189,950

West Two, 20 Suffolk Street Queensway, B1 1LY
| FleetMilne

  • VIRTUAL VIEWINGS NOW AVAILABLE! CONTACT US NOW TO FIND OUT MORE!
  • Two spacious double bedroom
  • Investors only, tenant in situ until October 2020 paying £825pcm
  • Service charge approx. £1631.12pa
  • Ground rent approx. £200pa*
  • 108 years leasehold
  • 700 sqft
  • Less than a 5 minute walk to Birmingham New Street
  • Opposite The Mailbox
  • Tenancy managed by FleetMilne
view full details
£ 189,950

West Two, 20 Suffolk Street Queensway, B1 1LY
| FleetMilne

  • VIRTUAL VIEWINGS NOW AVAILABLE! CONTACT US NOW TO FIND OUT MORE!
  • Two spacious double bedroom
  • Investors only, tenant in situ until October 2020 paying £825pcm
  • Service charge approx. £1631.12pa
  • Ground rent approx. £200pa*
  • 108 years leasehold
  • 700 sqft
  • Less than a 5 minute walk to Birmingham New Street
  • Opposite The Mailbox
  • Tenancy managed by FleetMilne

Description

This well presented two bedroom apartment is the perfect buy to let investment opportunity! The property comprises an open-plan living area with an integrated kitchen, two generous double bedrooms with built-in wardrobe space and a bathroom featuring a shower over the bath.

FleetMilne have let & managed this apartment for several years, and there is currently an active £825 PCM tenancy, due to end in October 2020, with a potential 5.2% gross rental yield at this rent.

The West Two development is situated just across the road from Birmingham’s chic shopping and dining destination, The Mailbox, home to many bars and restaurants.

West Two itself is an ideal place of residence for both students and professionals as it is located right in the heart of the city centre. It is less than a 5 minute walk from the many transport links of New Street station and just 0.5 miles from the Bullring shopping centre.

*We have been advised by the vendor and their solicitor that the lease is currently undergoing a variation to change the Ground Rent review clause. The revised Ground Rent charge is set to be £200pa, with an increase to £250 in 2029, capped at £250 for the remainder of the lease. For more information then please contact the FleetMilne sales team directly to discuss.

Room by Room

  • Living Room - Open plan living area.
  • Kitchen - Kitchen with plenty of storage.
  • Bedroom - Double bedroom.
  • Bathroom - Bathroom 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.

THIS IS CITY CORE

As you might expect, there are endless layers to the core of Birmingham. Grand Central has the biggest footfall outside of London bringing in thousands every day. There’s a heady mix of art galleries, shopping and retail, comedy houses, gyms, eateries, global business hubs – the list feels endless. And all in walking distance from each other too. It’s always on the move, day or night, so you’ll never be short of things to do.

You’ll be right in the middle of everything with all the hustle and bustle all around you. But you’ll also be able to find quiet, hidden gems with ease.

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