2 bedroom apartment

Quote Code: DC0118

Offered via Modern Method Of Auction - date to be confirmed.

What an incredible Buy To Let Investment opportunity, to secure an apartment WITH PARKING in a prime location within Birmingham City Centre AND a sitting tenant generating up to 14% Gross Yield approx!

Dominating the skyline around Five Ways is Metropolitan House, a popular development for those looking for excellent transport links both of bus and train, plus being on the doorstep of the famous Broad Street. 

A contemporary ground floor apartment which boasts a modern design and offers a light, airy and comfortable living space. Featuring two double bedrooms, this apartment provides ample space for a small family or professionals seeking a comfortable living environment. The open-plan layout seamlessly connects a living and dining area, creating a fluid and spacious atmosphere. The kitchen is fully equipped with integrated appliances, and has plenty of work surface and cupboard space. One of the standout features of this property is the off-street parking, providing convenience and peace of mind for residents.

The surrounding area offers a range of local amenities including a Morrisons supermarket, coffee shops and eateries for everyday convenience and social events. Transport links are excellent, with buses and in particular Five Ways train station just a short walk away. The train station being situated on the Central Line, provides easy access to points of interest and towns such as, but not limited to: New Street Grand Central, Queen Elizabeth Hospital and Birmingham University, Bournville, Longbridge and on to Redditch.

This modern ground floor apartment presents an excellent opportunity for those looking to secure a stylish and comfortable home in addition to a fabulous Buy To Let opportunity, especially at this attractive price.

The apartment is currently tenanted until 31st August 2025 (31/08/2025) at a rental income of £950pcm.

We have been informed of but seen evidence for the following:

Service Charge £2,500 pa approx.

Ground Rent: £300 pa approx.

Lease: 102 Years remaining approx.

Quote Code: DC0118

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.

Information:

The agent Dean Coleman powered by eXp and its Clients give notice that: they have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary Planning, Building Regulation or other consents, and Dean Coleman powered by eXp has not tested any services, equipment, or facilities. Purchasers must satisfy themselves by inspection or otherwise. Dean Coleman powered by eXp is a member of The Property Ombudsman scheme and subscribes to The Property Ombudsman Code of Practice.