Whilst out enjoying an afternoon stroll in the sun, I spotted this elegant one bedroomed apartment for sale in Bolehall. As soon as I got back to my desk I found it on Rightmove, to show you all something that I know you’ll love!
The delightful property marketed by Love Your Postcode of Birmingham has a charming façade and the apartment for sale is absolutely first rate. It is elegantly finished with a new kitchen and shower room and features modern interior throughout.
The current owners are asking offers in excess of £79,950, but the property has been on the market since 14th April, so you might be well to try your luck with a cheeky offer lower than that!
I would expect to achieve rental on this this property of £425.00 a month. This marvellous apartment should have no problems achieving that target or finding a tenant. It’s honestly that good. This would put the annual yield at 6.29% assuming you get the property for the asking price, however as discussed, there might be a little bit of wiggle room on that!
The only downside to this apartment is in the fact that it’s subject to an annual service charge of £1100, however, this really shouldn’t detract from how great this apartment is.
So what have you got to lose? Properties of this quality are few and far between, It would be immediately available to rent, no work needed doing on it, so is it worth it for you?
If you would like to contact me about any of the featured properties on this blog or any property investment you may be thinking of, please feel free to call me on 07531484956.