Studio for sale in Rotunda, New Street B2

Guide price £145,000
Interested in this property? Call +44 121 659 8081 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Studio for sale

1 1

Tenure:
Leasehold
Time remaining on lease:
226 years
Service charge:
£2,458.6 per year
Ground rent:
£406.98
Council tax band:
C

Property features

  • Stylish studio apartment
  • One bathroom: With walk-in shower
  • Iconic development
  • 4th floor apartment with great views
  • Great investment potential with potential 6%+ gross yield
  • City Centre location
  • 0.3 miles to New Street station and close to future HS2 terminus at Curzon Street
  • Approximate service charge: £2458.60pa (including reserve fund)
  • Approximate ground rent: £406.98pa
  • Approximate lease length: 226 years

Property description

This stunning fully furnished studio apartment is located in the sought after Rotunda. This spacious 4th-floor apartment boasts panoramic views across Birmingham and offers residents the height of style coupled with the perfect central location. The open plan layout is separated by a partition wall, creating a clearly defined bedroom and living space, whilst the designer kitchen is concealed behind a full-height wall. The kitchen includes a fridge/freezer, electric hob, oven, and washer/dryer. For a city centre studio apartment with amazing views, and a 24 hour concierge service - this apartment is not to be missed!

This property is currently tenanted offering a gross yield of 6.08% with scope to improve with some minor updates and improved potential of 7% at the end of this fixed term, but will also be available to owner occupiers from February 2024 so could make the perfect home for somebody wanting to reside in a desirable and well-located part of Birmingham. Speak to the team for more information on this.

The development is also a neighbor of the Bull Ring, providing endless places to shop for anyone interested in high street fashion. The Rotunda is also a short walk from a wide range of restaurants and cafes allowing you to enjoy the cuisine that all cultures have to offer. A popular choice is a restaurant located on Bennett's Hill, 'Bodega', which rustles up homemade South American-inspired cuisine, and puts an original twist on traditional dishes.

Rotunda is located right in the centre of Birmingham's shopping district, with the Bullring on its doorstep and New Street and Moor Street train station both a 0.3 mile walk away, and the upcoming High Speed 2 Curzon Street terminus a short walk from the property on completion.

Approximate service charge: £2458.60pa (including reserve fund)
Approximate ground rent: £406.98pa
Approximate lease length: 226 years
EWS1 status: Passed (B1)

Living/ Sleeping Area

A cleverly designed living area incorporating a living space and a designated sleeping area.

Kitchen

Fully integrated kitchen with electric hob, oven, fridge/freezer and washer/dryer.

Bathroom

Smart bathroom with walk-in shower and heated towel rack.

Disclaimer

- 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.

Property info

Floorplan(s): Floorplan 1

View original

Arrange Viewing

For more information about this property, please contact
FleetMilne, B3 on +44 121 659 8081 * (local rate)

Contact FleetMilne about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FleetMilne, and do not constitute property particulars. Please contact FleetMilne for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

210 more properties like this

View all New Street properties for sale