2 bedroom apartment

*EWS1 AVAILABLE - ALLOCATED PARKING SPACE - LEASE TERM IS 140 YEARS REMAINING*

Oakmans are excited to market this two bedroom apartment, located in the popular Mason Way development in the Park Central area of Birmingham City Centre. Within close proximity to local amenities such as Five Ways train station (0.3mi) and Grand Central Station (0.5mi). Offering excellent access to all local points of interest including the Mailbox and Broad Street with all of the associated bars, shops and restaurants. For those with children, it is also within a 2 minute walk to St Thomas Nursery School, St Catherine's Catholic Primary School and St Thomas C of E Academy. There is also Sunset Park and Moonlit Park located close by.

To Five ways station: short - Cut through its own car park from the back which is approximately a 3 minute walk.
To Grand Central Station: Either two stops short ride (bus frequent) ; or a 15 minute walk for good exercise.

The property also benefits from, one allocated secure parking space. In brief the accommodation offered comprises; communal hallway with lift and stairs access, entrance hallway, open plan kitchen/living room with balcony access, two bedrooms and family bathroom.

The property has a communal residents park area with playground, basketball area and local on site Mason Way shops.

We have been advised by the owner that the property is Leasehold, and the owner has provided us with the following details of the Lease:

Current service charge per annum is £2,140.00
Current ground rent per annum is £ 150.00
This property can also achieve £1,300.00 per calendar month which will produce an income of £15,600.00 per annum.

We have been advised that the council tax band is A.

Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect

Anti-money Laundering Checks (AML)
Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.