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£199,950

1 bedroom apartment for sale

Broadway, 105 Broad Street, Birmingham, B15

£199,950

1 bedroom apartment for sale

Broadway, 105 Broad Street, Birmingham, B15

Description

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Property features

  • Shops and amenities nearby
  • Fully Furnished
  • Close to public transport
  • Double Bedrooms
  • Open Plan Living
  • Prime City Centre Location

Virtual tour

Property description

Set in a prime city centre location and less than a 5 minutes’ walk from the banking district and 10 minutes to the city centre (Colmore Row). https://youtu.be/6RV03B9krhs Broadway Residences development video



36 ready and furnished units available for purchase
170 Year Lease
Ground rent FREE
Completed in September 2016
2 Year Defect Warranty from purchase date
10-year Checkmate Build Warranty with 9 years remaining (fully mortgage compliant)
Fully furnished
The apartments are all fully let
Rental Income (averaging 5%)
Expiry date of Current tenants are varied and can be renewed or cancelled


The Service Charge is £2.97ft2 and this includes:

24hr Concierge
24hr Security
Gym
Free WIFI Lobby
Communal Lobby Space & private Meeting Room (free)
Onsite Dry-Cleaning Service (not free)


DESPOSITS & COMPLETION

Reservation Fee £2,500 (Credit/Debit Card Payment)
10% Deposits - Exchange 28 days on receipt of Contract
90% Completion 28 Days after exchange

Projected 6-7% Rental Yield
75% Buy-to-let mortgages available
Invest with a 10% deposit from £17,995
Tenants in Place
Furniture pack included worth up to £5000

TENURE
The agents are advised that the property is freehold but they have not checked the legal documents to verify this. The buyer should obtain confirmation from their solicitor or surveyor.

SERVICES AND APPLIANCES
The agents have not tested any apparatus, equipment, fixtures, fittings or services and cannot verify they are in working order or fit for the purpose. The buyer should obtain confirmation from the solicitor or surveyor

VIEWING
By arrangement with Royal Estates

FIXTURES AND FITTINGS
Excluded from the sale unless referred to herein

MONEY LAUNDERING REGULATIONS
Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property

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Virtual tours

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Map

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Nearby services within a 3 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

Floor plans

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Call 0121 721 9368

DISCLAIMER

Property reference 965. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Royal Estates - Bearwood. Please contact the selling agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Call rate information

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