Property Details

2 bedroom apartment for sale For Sale

£100,000

ROI = 18% BMV = 60.04%

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Description

Cleveland Tower has long been popular with landlords in Birmingham due to the excellent location a short walk from Grand Central station and the famous Bullring shopping centre. Aside from that the apartments here offer extraordinary rental yields for investors. The building is accessed via a secure intercom system where there are lifts to all floors from the communal area. This apartment is on the 21st floor of the building which affords spectacular views across the Birmingham skyline. The apartment itself consists of an entrance hall which leads to all rooms as listed below and also has a storage cupboard. Lounge: There is a spacious lounge with great views from the window across Pagoda Island and beyond.. Kitchen: The kitchen is fitted with a range of units and there is space for a cooker with an extractor over, a fridge/freezer and a washing machine. There is a window to check out those far reaching views whilst washing up and a pantry cupboard. Bedroom: A large double bedroom with a window and a door onto the balcony. Bedroom Two: Another spacious double bedroom with a window. Bathroom: The bathroom is standard fare with bath and shower over, low level WC and basin. Heating: The property is centrally heated via radiators. The property is currently tenanted for £9,480 per annum. Lease information: Ground Rent: £10 Per Year Service Charge: £2063.27 Per Year Lease Remaining: 82 Years Council Tax: Band A Birmingham City Council

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