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4th Floor Penthouse
Estimated Rent Achievable - £875pcm
Deposit Required - £83,535
443 sq ft
A rare opportunity has arisen to purchase off-plan, a 4th floor 1 bedroom apartment with allocated parking in the sold out Tenby House development.
Tenby House is a major residential development in Birmingham's vibrant Jewellery Quarter, set within the new St George's Urban Village scheme. The Jewellery Quarter is a designated conservation area and proposed World Heritage Site and is already a prestigious and highly desired part of Birmingham. It is experiencing further development as some of the old factories are converted into apartments, restaurants and shops. It is only a short distance to all that Birmingham City Centre has to offer. Tenby House is located in the heart of this historic district. The development's prime location within walking distance to the Professional Banking District and Central Business District will also be a draw for prospective tenants. Professional jobs are currently increasing in these areas; global bank hsbc are relocating over 1,000 jobs to the area in early 2018 and Deloitte and Deutsche Bank are already present. So if you're looking for capital growth and a strong rental yield then this could prove to be a sound investment.
Birmingham has been named the most investable city in the UK for a second year running. The city was named above the likes of Milan, London and Paris in an annual survey of European investors' intentions, which named it the sixth best place to invest money on the continent. The respected survey, by the Urban Land Institute (uli) and adviser PwC, represents a major boost to the city's prospects, on the back of major schemes like HS2 and the Curzon Street regeneration.
The apartment benefits from a 10 year fully CML Compliant Warranty.
Hallway Store Room Open Plan Living/Kitchen Bedroom Bathroom
leasehold information: Service charge - £886pa Ground rent - £350pa Lease length - 125 years
Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.
For more information about this property, please contact Martin & Co Birmingham City, B1 on +44 121 659 5646 * (local rate)
Contact Martin & Co Birmingham City about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martin & Co Birmingham City, and do not constitute property particulars. Please contact Martin & Co Birmingham City 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.