1 bed flat for sale in Point 3, 42 George Street B3, £170,000

170,000.00

Offer Nr.:
62242198
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
FleetMilne
Phone(s):
0121 659 8081

* Leasehold
* Spacious one bedroom apartment
* One bathroom: With a bath and a shower
* Available with tenant in situ (£950pcm, 6. 7% gross yield) or vacant after September 2023
* Secure and allocated parking space
* Great, turn - key investment opportunity
* Jewellery Quarter location, close to St Paul's Square
* 0. 7 miles to Snow Hill station
* Ground rent - £150pa approx.
* Service charge - £1310pa approx.
* Long lease - over 128 years remaining
FleetMilne are pleased to offer this ideal turn - key investment with a gross
yield of 6. 7%! This large (approx. 650sqft) one bedroom apartment is located
in Point 3, a small development located close to St Paul's Square and Colmore
Row. Point 3 is situated on George Street and boasts a quiet location in the
Jewellery Quarter with plenty of amenities nearby and transport links, with
the added benefit of a secure and allocated parking space as well as an A1
EWS1 rating.
This spacious 1 bedroom apartment had a full redecoration in 2019, and has
been looked after well by all tenants since and can be sold with furniture and
tenant in situ and scope to improve for future tenancies. This property would
also make the ideal home for somebody looking to settle down in the popular
Jewellery Quarter with the current tenancy having a 6 - month break clause,
which would enable the property to be available from September 2023.
Comprising a well presented double bedroom, with free - standing furniture and
one bathroom with a separate bathtub and shower cubicle. This property also
offers an integrated kitchen including washer/dryer, dishwasher, and a
fridge/freezer. The property features an ideal dual aspect layout, offering
high levels of privacy.
Point 3 is nestled in the heart of the Jewellery Quarter - an easy 0. 2 mile
walk to the iconic St Paul's Square, which is thriving with many popular bars
and restaurants offering an alternative experience to Birmingham's typical
busy night out. If you're looking a bite to eat, head to for Otto Pizza -
everything is stone baked in their wood - fired pizza oven, 500 degrees for 90
seconds, and is delicious!
This apartment offers great transport links, situated just a 0. 7 mile walk to
Snow Hill station. You would also be placed only 0. 5 miles from Colmore Row,
making this apartment a great choice for working professionals looking to live
and work in the City, or an investor looking to capitalise on this applicant
demographi
**Living Area**
Generous living area with allocated dining space, plenty of seating, and large
windows to let in plenty of light.
**Kitchen**
Smartly presented integrated kitchen including washer/dryer, dishwasher, and
fridge/freezer.
**Bedroom**
Generous bedroom with double bed and free - standing storage furniture.
**Bathroom**
Family bathroom with a bathtub and a separate shower cubicle in the same
bathroom.
**Disclaimer**
\ - Upon formal acceptance of an offer, all purchasers will be asked to produce
identification and full details of their chosen solicitor. In order to avoid
delays, this must be produced swiftly. Unreasonable delays may result in the
acceptance being withdrawn.
\ - These property details do not constitute part or all of an offer or
contract.
\ - 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. Photos and visuals are for
reference only and may not be the exact apartment.
\ - 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.

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