1 bedroom flat for sale

Overview

Key Highlights:Location: Nestled along Hagley Road in Edgbaston, Metropolitan House enjoys prime positioning within one of Birmingham's most sought-after residential areas

Discover an exceptional investment opportunity in the heart of Birmingham's prestigious Edgbaston neighborhood with Metropolitan House. Introducing Metropolitan House: A Prime Investment Opportunity on Hagley Road, Edgbaston, Birmingham.Discover an exceptional investment opportunity in the heart of Birmingham's prestigious Edgbaston neighborhood with Metropolitan House. Situated on the iconic Hagley Road, this portfolio of 12 units presents a rare chance to acquire a diverse range of tenanted properties, offering both immediate rental income and long-term growth potential.Key Highlights:Location: Nestled along Hagley Road in Edgbaston, Metropolitan House enjoys prime positioning within one of Birmingham's most sought-after residential areas. With convenient access to an array of amenities, transport links, and leisure facilities, it promises an enviable lifestyle for tenants.Unit Mix: This portfolio comprises a mix of meticulously maintained 1-bedroom and 2-bedroom apartments, catering to a wide range of tenants and lifestyles. Whether professionals, students, or small families, these units offer versatile living spaces designed for modern urban living.Investment Potential: Priced competitively at £1,860,000, the portfolio offers an attractive yield of 7.2%, reflecting its strong income-generating capabilities. With existing tenancy agreements in place, investors can benefit from immediate rental returns while capitalizing on the promising growth prospects of the Edgbaston property market.Flexibility: Recognizing the diverse needs of investors, Metropolitan House presents the flexibility to be acquired as a complete portfolio of 12 units or alternatively split into smaller sets, providing a tailored investment solution to suit individual preferences and strategies.Why Invest in Metropolitan House?Prime Location: Hagley Road in Edgbaston is renowned for its upscale residential appeal and strategic location within Birmingham, ensuring sustained demand from tenants and strong capital appreciation potential.Secure Income Stream: With all units currently tenanted, investors can enjoy a steady and reliable income stream from day one, minimizing vacancy risks and maximizing returns on investment.Growth Potential: Birmingham continues to attract significant investment and development, with Edgbaston poised for further regeneration and infrastructure enhancements, making Metropolitan House a promising proposition for long-term capital growth.Diverse Portfolio: The diverse mix of unit sizes and configurations ensures broad tenant appeal, reducing reliance on a single demographic and enhancing occupancy rates and rental yields.In summary, Metropolitan House presents a compelling opportunity for investors seeking a prime, income-generating asset in Birmingham's flourishing property market. Whether as a standalone investment or as part of a diversified portfolio, this offering on Hagley Road promises both immediate returns and long-term growth potential. Don't miss out on this fantastic opportunity to secure your stake in one of Birmingham's most prestigious addresses.Council Tax Band: Can be suppliedTenure: Leasehold Service Charge: Service charge schedule can be provided seperatelyGround Rent: £300 per annumGround Rent Review Period: TBC Ground Rent Review Amount: TBC Next Ground Rent Review: TBC Parking Arrangements: Allocated parking space Property Construction: TBC Electricity Supply: Mains supply Water Supply: Mains supply Sewerage: Mains supply Heating Supply: Electric Broadband: Refer to Ofcom Mobile Signal Coverage: No known issues Building Safety Issues: None Restrictions: None Rights And Easements: None Flood Risks Or Previous Flooding: No Past Or Present Planning Permissions Or Applications: Can be found via the planning portal.Is the property located in a Coalfield Or Mining Area: No AGENTS NOTE: We have not tested any of the electrical, central heating or sanitaryware 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. In line with The Money Laundering Regulations 2007 we are duty bound to carry out due diligence on all our clients to confirm their identity. Rather than traditional methods in which you would have to produce multiple utility bills and a photographic ID we use an electronic verification system. This system allows us to verify you from basic details using electronic data, however it is not a credit check of any kind so will have no effect on you or your credit history.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. For more details and to contact: https://realtyww.info/flats_birmingham-d196342/for-sale_i68842158