Flat for sale in Transport Works, Victoria Street, West Bromwich B70
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Property features
- Cash buyers only
- Unique and modern interior design
- Situated off the West Bromwich High Street
- Easy access to local amenities, restaurants and shopping complex
- Parking available for additional cost
- Zero ground rent
- 999 year lease
- Low service charge
- 12% yield from short term lets
Property description
Cash buyers only! An amazing opportunity for investors with an potential earning of up to 12% rental yield by doing short term lets. Transport Works is a luxury development situated in the heart of West Bromwich offering 45 one and two bedroom apartments.
Cash buyers only! Transport Works occupies a prominent position on Victoria Street, which leads directly off the main West Bromwich High Street. All town centre amenities, including the New Square retail and leisure development, are within close proximity. It is also within the town centre's regeneration area, which has undergone extensive development over recent years.
A yield of 12% is available if you do short term lets.
Transport Works is well served by its connectivity to major motorways (M5 & M6), the west coast main line and Midland Metro. The town shares a contiguous border with Birmingham, with a direct 15 minute commute to the City Centre via Midland Metro train network. The economic linkages with the growing city are significant, as the introduction of HS2 will also put West Bromwich an hour away from London and Manchester, opening a host of opportunities. The area is a strong commuter base for Birmingham and other areas of the region.
Leasehold information:
Lease length - 999 years
Service charge - £1.13 per sq ft
Ground rent - Zero (Peppercorn
For more information about this property, please contact
Martin & Co Birmingham Land & New Homes, B1 on +44 121 721 5143 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martin & Co Birmingham Land & New Homes, and do not constitute property particulars. Please contact Martin & Co Birmingham Land & New Homes 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.