£339,341 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page

2 bedroom flat

Princip Street, Birmingham, B4
1 Bathrooms
2 Bedrooms
1 Receptions
Band:

Make an enquiry with our Birmingham branch

or call 0121 296 2600

About this property

  • Investment Opportunity, Projected Yield 6%, Canalside, Due To Complete 2024, Tv Lounge Area, Residents Lounge, Waterfront Garden Courtyard, Rooftop Terrace, State Of The Art Residents Gymnasium, Large Contemporary Living Spaces

Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

£250.0

Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

£2289.0

Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

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Standing 22 storeys canal-side, this stunning 266-apartment development is designed to deliver on all the demands of today's rental market.

Boasting the brand standards of prime city centre location, luxury apartments and premium amenities, Lancaster Wharf is built to attract and retain residents.

Prioritising outdoor areas and amenity space, we encourage residents to see the building as an extension of their overall apartments, creating thriving communities. Reintroducing greenery to the canal front, the waterfront courtyard will provide a relaxing outdoor space for residents to escape busy city life.
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A reservation fee, refundable on exchange, will be payable by the Buyer to Barrows & Forrester Property Group Ltd prior to issuing the Memorandum of Sale and marking the property as Sold Subject to Contract.

This fee will be reimbursed upon Exchange of contracts.

In the instance the Seller withdraws from the sale the fee will be returned to the Buyer.

The fee will be retained by Barrows & Forrester Property Group Ltd to cover costs in the event the Buyer withdraws from the purchase or doesn't Exchange within 6 months of the fee being received other than as a result of:
1. Any structural or material issues arising from any survey that has not previously been disclosed. 2. A defect in the seller’s legal title.
3. The local searches reveal any matter that has a material adverse effect on the market value of the property that were previously undeclared or unknown.
4. The buyers chain falling through no fault of the buyer.
5. The vendor not securing a property in the allotted timeframe.
6. The vendor withdrawing the property from the market.

The reservation fee levels are as follows:-
-An agreed offer under £300,000 will be £750 inclusive of VAT.
-An agreed offer between £300,001 and £500,000 will be £1,000 inclusive of VAT.
-All agreed offers over £500,001 and £1,000,000 will be £1,500 inclusive of VAT.
-All agreed offers over £1,000,001 will be £2,500 inclusive of VAT.

The reservation fee is payable upon acceptance of an offer which itself is subject to an assessment of ability to proceed.

Any renegotiation of an accepted price after the issue of the Sales Memorandum for any reason not covered in points 1 to 6 above will lead to the reservation fee being retained.

A further fee will be payable on any subsequent reduced offer accepted by the vendor.

This will be returnable subject to the conditions that prevail for all reservation fees.

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Train stations

Train station Birmingham Snow Hill  (0.4 miles)
Train station Birmingham Moor Street  (0.6 miles)
Train station Birmingham New Street  (0.7 miles)
Train station Jewellery Quarter  (0.8 miles)
Train station Duddeston  (1.0 miles)

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Your home is your biggest investment

Selling your home is a big deal. Buying a property is an investment - not just financially, but also into your family life. Where you buy is just as important as what you buy. Our team deliver a transparent and customer-centric service that guides you through the property market with confidence.

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Your home is your biggest investment
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Tenant Info for Princip Street, Birmingham, B4