£150,000
Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page
Arthur Place, Birmingham, West Midlands, B1
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About this property
- • Buy-To-Let Investment Opportunity
- • 6.4% Gross Yield
- • First Floor Apartment
- • Convenient Sought-After Location
- • Open Plan Living Room Fully Fitted Kitchen
- • Private Balcony
- • Bedroom Area Separate Shower Room
- • Secure Allocated Parking
- • Communal Courtyard Garden
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 :
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 :
Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page
£100.0
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
£1262.8
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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Located in proximity to the highly sought-after Jewellery Quarter, the contemporary feel of this city centre property would perfectly suit those seeking the enjoyment of the vibrant lifestyle that Birmingham has to offer.
The open plan structuring of the layout means that light floods into all corners of the studio from the balcony window and maximises daylight hours from the bedroom right through to the lounge area.
As aesthetically conscious as is it functional, and with plentiful counter space and fitted cupboards, the bright and stylish kitchen lends itself well to culinary ventures both alone or with company. Opening up into the lounge area gives it a homely and open feel, inviting conversation or a quiet moment of contemplation after a busy day at work. The property also benefits from modern wooden-style flooring, which is both convenient for cleaning and reflects light.
A built-in mirrored wardrobe offers clever storage space and allows for ample depository of laundry. As well as electrical heating throughout the property the bathroom has a large luxurious shower and heated curtain rail, meaning you can wrap up in a warm towel as soon as you are finished showering. Bliss!
Views of the inward-facing courtyard give a sense of community whilst still maintaining privacy. Decking supplies a carefree alternative to gardening, and the sun trap that is created captures every bit of sunshine.
Relax in the summer sun with the perfect outdoor spot, ideal for listening to music or lying back with a book. The patio area provides greenery and a focal point for socialisation, perfect for those leisurely weekends taking in all that the city has to offer.
With secure parking, you can leave the car and take the short walk into to Brindleyplace or the Jewellery Quarter to enjoy the cosmopolitan nightlife of bars and restaurants nearby.
Having a tenant in situ until October 2024 paying £800PCM, the property is currently yielding a 6.4% gross return making it a great addition to any buy-to-let portfolio.
Floorplan
Map
Train stations
Jewellery Quarter
(0.4 miles)
Birmingham Snow Hill
(0.6 miles)
Birmingham New Street
(0.7 miles)
Five Ways
(0.8 miles)
Birmingham Moor Street
(1.0 miles)
EPC
Yield calculator
Stamp duty calculator
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