Flat for sale in Canal Wharf, Waterfront Walk B1

Guide price £135,000
Interested in this property? Call +44 121 659 8081 * or Request Details

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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
110 years
Service charge:
£2,206.16 per year
Ground rent:
£250
Council tax band:
C

Property features

  • Spacious, one double bedroom apartment
  • One bathroom with shower
  • Large floor to ceiling windows and corner aspect
  • Strong investment potential with potential 6%+ yield
  • Currently tenanted, but available to owner occupiers also
  • 0.7 miles from New Street Station
  • Mailbox location, popular development
  • Approximate service charge: £2206.16pa
  • Approximate ground rent: £250pa
  • Approximate lease length: 105 years

Property description

This spacious one bedroom, one showerroom apartment at the Canal Wharf development, is a peaceful place to call home! The apartment is located on Brindleyplace's beautiful canals and comprises a good-sized double bedroom as well as a bright and spacious lounge area. The kitchen is fully fitted and includes a fridge/freezer, dishwasher and washer/dryer. The development also benefits from a daytime concierge service, for your parcels and an added sense of security.

This property is currently tenanted offering a potential gross yield of 5.4% with scope to improve with some minor updates and improved potential of 6.9%, but will also be available to owner occupiers from June 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.

Canal Wharf is situated on the canals network of Brindley Place and also at the rear of The Mailbox, meaning that a wide variety of bars and restaurants are just minutes from your doorstep! The Mailbox is a great place to enjoy a cocktail overlooking the canal and is also home to the 'Everyman Cinema', for a luxurious cinema experience.

This apartment is only a short 0.5 miles to Birmingham New Street station, the perfect location for anyone that needs to commute in and out of the city. Canal Wharf is also only 0.7 miles from Colmore Row - making it a great option for working professionals.

Approximate service charge: £2206.16pa
Approximate ground rent: £250pa
Approximate lease length: 105 years
EWS1 status: EWS1 pending following completion of works, funded by Persimmon Homes.

Living Room

Open plan living area.

Kitchen

Integrated kitchen with appliances.

Bedroom

Double bedroom with free standing furniture.

Bathroom

Generous bathroom with shower

- 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

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FleetMilne, B3 on +44 121 659 8081 * (local rate)

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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.

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