1 bed flat for sale in Latitude, 155 Bromsgrove Street B5, £165,000

165,000.00

Offer Nr.:
64269706
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
* Large one bedroom apartment
* One bathroom: Shower over the bath
* Tenant in situ until August 2023
* 4th floor apartment with private balcony
* Fantastic gross yield of 7. 1%
* 0. 3 miles from New Street station and close to the future HS2 Terminus
* EWS1 rating - B1
* Approximate lease remaining - 117 years
* Approximate annual service charge - £1250pa
* Approximate annual ground rent - £230pa
** EWS1 passed (B1 Rating) **
Stylish and well located this spacious one bedroom apartment at ever - popular
Latitude development features a large open - plan living area, with a private
balcony, and a bathroom with a shower over the bath. The property benefits
from contemporary fixtures, fittings, and warm - toned finishes throughout. The
fully integrated, sleek kitchen is complete with a fridge/freezer, washing
machine, and washer/dryer.
The Latitude development is located in the Colmore Business District, making
this the perfect home for those who want a spacious flat, with a short commute
to the City Centre amenities.
Measuring in at over 460sqft, this smartly presented apartment offers an open -
plan living area with luxurious integrated kitchen, a sleek main bathroom with
a shower, and one spacious bedroom, with plenty of natural light throughout.
The property offers a fantastic investment opportunity, with a tenant in situ
until August 2024 providing a gross yield of 7. 1%. The rental figure is below
the market average for this variety of property.
The Latitude development is situated just 0. 1 miles from The Arcadian and
Chinatown - home to a host of bars, restaurants, and theatres. Right next door
to Bullring & Grand Central, Chinatown is in the heart of it all and yet has
authentic feel, established, and easy - going. It also boasts the Glee Club and
the Hippodrome.
This property also benefits from being 0. 3 miles from the many transport links
of New Street Station, allowing you to easily navigate the city for both work
and leisure.
Approximate service charge: £1220pa
Approximate ground rent: £230pa
Approximate lease length: 117 years
EWS1 rating: B1
**Living Area**
Spacious living area.
**Kitchen**
Fully integrated kitchen with plenty of storage.
**Bedroom**
Spacious double bedroom.
**Bathroom**
Full bathroom suite with shower over bath.
**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.
- 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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