1 /8
£155,000
Apartment, Coventry Road, Sheldon, Birmingham, B26
- 1 bed
£155,000
- 1 bed
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Estimate monthly mortgage payment:
£708 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£7,750
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Positioned in a very popular location of Sheldon, with excellent commuter routes to Birmingham, Solihull and further afield via the nearby M42, this 1-bedroom apartment offers a great opportunity for first time buyers and buy to let investors, with an impressive 6.5% yield.
Entrance to this impressive property is gained via the lobby area where you met with the on-site concierge, with lift or stair access to the third apartment.
The living quarters begins with a hallway leading to all rooms, starting with the open plan kitchen/living space complete with integrated appliances, space for a small dining table and sitting area. Completing the apartment is the double bedroom with ample space for wardrobes, an immaculate modern shower room and storage cupboards.
Externally, the property has ownership of a parking space which is positioned behind the security gates, where you can also find access to the on-site gym.
Things to Know...
The Property will be offered with vacant possession, and we are advised the property is of Leasehold tenure with 247 years remaining.
Services - The vendor advise that all mains services are connected to the property however we suggest this is confirmed by your legal representative prior to exchange of contracts.
Subjective comments in these details imply the opinion of the selling agent at the time these details were prepared. Naturally the opinions of the purchasers may differ. The details are for guidance only and do not form part of the contract. It is advisable that prior to exchange of contracts purchasers walk the boundaries and ensure they are in accordance with the title plan. We also suggest Fixtures and Fittings are confirmed at the point of negotiation.
Money Laundering - We have procedures in place to forestall and prevent Money Laundering. Should we be concerned that an offence is being committed we will act in accordance with the Proceeds of Crime Act 2002 and disclose our concerns to the National Crime Agency.
Local Authority is Birmingham Council with a Council Tax Band of B.
Council Tax Band: B (Birmingham C.C)
Tenure: Leasehold (246 years)
Service Charge: £1,850 per year
Entrance to this impressive property is gained via the lobby area where you met with the on-site concierge, with lift or stair access to the third apartment.
The living quarters begins with a hallway leading to all rooms, starting with the open plan kitchen/living space complete with integrated appliances, space for a small dining table and sitting area. Completing the apartment is the double bedroom with ample space for wardrobes, an immaculate modern shower room and storage cupboards.
Externally, the property has ownership of a parking space which is positioned behind the security gates, where you can also find access to the on-site gym.
Things to Know...
The Property will be offered with vacant possession, and we are advised the property is of Leasehold tenure with 247 years remaining.
Services - The vendor advise that all mains services are connected to the property however we suggest this is confirmed by your legal representative prior to exchange of contracts.
Subjective comments in these details imply the opinion of the selling agent at the time these details were prepared. Naturally the opinions of the purchasers may differ. The details are for guidance only and do not form part of the contract. It is advisable that prior to exchange of contracts purchasers walk the boundaries and ensure they are in accordance with the title plan. We also suggest Fixtures and Fittings are confirmed at the point of negotiation.
Money Laundering - We have procedures in place to forestall and prevent Money Laundering. Should we be concerned that an offence is being committed we will act in accordance with the Proceeds of Crime Act 2002 and disclose our concerns to the National Crime Agency.
Local Authority is Birmingham Council with a Council Tax Band of B.
Council Tax Band: B (Birmingham C.C)
Tenure: Leasehold (246 years)
Service Charge: £1,850 per year
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£708 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
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Mortgage and legal costs:
£999
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