£165,000
1 bed flat for sale
Park Gate At Lyndon Place, 2096 Coventry Road, Sheldon B26Leasehold
1 bed
1 bath
1 reception
EPC Rating: C
Key information
Tenure
Leasehold (246 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
About this property
Open To Owner Occupiers Or Investors
Scope For Higher Yield
One Bedroom Apartment
Developed to a High Modern Standard
Second Floor
Communal Roof Terrace
On Site Gym
Fantastic Location
Park Gate At Lyndon Place, 2096 Coventry Road, Sheldon, B26 3Yu
Yieldit are pleased to offer to the market this fantastic second floor one bedroom apartment in attractive new development Lyndon place it is decorated to high modern standard throughout and would be suitable for an owner occupiers or investor.
Internally consists of a spacious living area with large windows providing plenty of natural light. Fully fitted modern kitchen, one spacious double bedroom and one family bathroom with three-piece suite. The development benefits from secure intercom entry, concierge, communal roof terrace and onsite gym.
The city of Birmingham is an unrivalled choice for property investment, thanks to several years of regeneration property prices have increased by 44% in the last decade whilst still remaining affordable compared with other cities such as London, meaning it an excellent candidate for capital growth. The city’s growth is only set to continue with The Big City plan which will encourage and support its vision to become a world class city centre which will create over 50,000 jobs and contribute £2.1 billion to the economy each year.
Financial Breakdown
Gross Rent: £9,900.00
Net income: £7,716.00
Gross yield: 6%
Net yield: 4.68%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07910
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Yieldit