£119,950
(£232/sq. ft)
1 bed flat for saleThe Forge, Park Works, 262 Bradford Street B12
1 bed
1 bath
1 reception
516 sq. ft
EPC Rating: C
About this property
One-Bedroom Apartment
Ground Floor
No Upward Chain
Communal Roof Terrace
Approx. Gross Yield: 8.5%
EPC Rating:- C
EWS1 A1 Rated Building
Ideal For A First Time Buyer Or Investor
Popular City Centre Location
Close To Local Amenities
Level access
Description Located within The Forge, part of the popular Park Works development in Birmingham's vibrant B12 / Digbeth district, this spacious one-bedroom apartment offers an excellent opportunity for both investors and owner-occupiers.
Ideally positioned close to the Bullring Shopping Centre, major business districts, and Birmingham's rapidly developing Digbeth creative quarter, the apartment benefits from excellent transport links and continued rental demand from professionals working in and around the city centre.
Residents of the development benefit from 24-hour security, CCTV coverage, and access to a communal rooftop garden, providing additional comfort and lifestyle amenities within the building.
The property is currently achieving £800 pcm (unfurnished), with potential to increase to approximately £850 pcm, representing a gross yield of around 8.5% at the current asking price and providing a ready-to-let investment opportunity.
The service charge covers building maintenance, lift servicing, communal cleaning, 24/7 security services and CCTV coverage, and management of the development.
With a practical layout and low day-to-day management requirements, the property represents an appealing buy-to-let investment, while also offering an excellent opportunity for those seeking a first home in a well-connected and vibrant city location.
James laurence estate agents Agents Note: We have not tested any of the electrical, central heating or sanitary ware appliances. Purchasers should make their own investigations as to the workings of the relevant items. Floor plans are for identification purposes only and not to scale. All room measurements and mileages quoted in these sales particulars are approximate. All material information stated below has been provided by our client, but we would request all information to be verified by the purchaser's chosen solicitor.
Fixtures and Fittings: All those items mentioned in these particulars by way of fixtures and fittings are deemed to be included in the sale price. Others, if any, are excluded. However, we would always advise that this is confirmed by the purchaser at the point of offer.
Tenure: Leasehold
Services: All mains' services are connected to the property.
Local Authority: Birmingham City Council
Council Tax Band: B
Service Charge: £3200 Per Annum
Ground Rent: £199 Per Annum
Ground Rent Review Period: Every 10 Years
Length of Lease: 124 years remaining
To complete our comprehensive service, James Laurence Estate Agents is pleased to offer the following:-
Free Valuation: Please contact the office on to make an appointment.
Residential Lettings and Management: If you are interested in letting out your property or are considering renting a property, please contact our office to find out further information.
Conveyancing: Very competitively priced rates agreed with our panel of local experienced and respected Solicitors. Please contact this office for further details.
Financial Services: James Laurence Estate Agents work with an independent Mortgage Service offering face to face mortgage advice to suit your needs. Please contact the office on to make a free appointment.
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More information
Tenure
Leasehold (124 years)
Service charge
£3,200 per year
Council tax band
B
Ground rent
£199
Ground rent date of next review



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