£142,000

Studio for sale

  1.  Living/ Sleeping Area
  2.  Living/ Sleeping Area
  3.  Living/ Sleeping Area
Leasehold

Guide price

£142,000

(£400/sq. ft)

Studio for sale

Rotunda, New Street B2

1 bath
1 reception
355 sq. ft
EPC rating: B

Key Information

Tenure:
Leasehold
Time remaining on lease:
226 years
Service charge:
£2,459 per year
Council tax band:
C
Ground rent:
£407
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Birmingham Moor Street 0.1 miles
  • Birmingham New Street 0.1 miles
  • Birmingham Ormiston Academy 0.5 miles
  • St Catherine of Siena Catholic Primary School 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Birmingham to find out more about the local area.

Features and description

  • Leasehold
  • Stylish studio apartment
  • One bathroom: With walk-in shower
  • Iconic development
  • 4th floor apartment with great views
  • Great investment potential with potential 6%+ gross yield
  • City Centre location
  • 0.3 miles to New Street station and close to future HS2 terminus at Curzon Street
  • Approximate service charge: £2458.60pa (including reserve fund)
  • Approximate ground rent: £406.98pa
  • Approximate lease length: 226 years
This stunning fully furnished studio apartment is located in the sought after Rotunda. This spacious 4th-floor apartment boasts panoramic views across Birmingham and offers residents the height of style coupled with the perfect central location. The open plan layout is separated by a partition wall, creating a clearly defined bedroom and living space, whilst the designer kitchen is concealed behind a full-height wall. The kitchen includes a fridge/freezer, electric hob, oven, and washer/dryer. For a city centre studio apartment with amazing views, and a 24 hour concierge service - this apartment is not to be missed!

This property is currently tenanted offering a gross yield of 6.08% with scope to improve with some minor updates and improved potential of 7% at the end of this fixed term, but will also be available to owner occupiers from February 2024 so could make the perfect home for somebody wanting to reside in a desirable and well-located part of Birmingham. Speak to the team for more information on this.

The development is also a neighbor of the Bull Ring, providing endless places to shop for anyone interested in high street fashion. The Rotunda is also a short walk from a wide range of restaurants and cafes allowing you to enjoy the cuisine that all cultures have to offer. A popular choice is a restaurant located on Bennett's Hill, 'Bodega', which rustles up homemade South American-inspired cuisine, and puts an original twist on traditional dishes.

Rotunda is located right in the centre of Birmingham's shopping district, with the Bullring on its doorstep and New Street and Moor Street train station both a 0.3 mile walk away, and the upcoming High Speed 2 Curzon Street terminus a short walk from the property on completion.

Approximate service charge: £2458.60pa (including reserve fund)
Approximate ground rent: £406.98pa
Approximate lease length: 226 years
EWS1 status: Passed (B1)

Living/ Sleeping Area

A cleverly designed living area incorporating a living space and a designated sleeping area.

Kitchen

Fully integrated kitchen with electric hob, oven, fridge/freezer and washer/dryer.

Bathroom

Smart bathroom with walk-in shower and heated towel rack.

Disclaimer

- 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.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

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Property descriptions and related information displayed on this page are marketing materials provided by - FleetMilne. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact FleetMilne for full details and further information.

  1. Zoopla
  2. For sale
  3. West Midlands
  4. Birmingham
  5. Birmingham City Centre
  6. New Street

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