Full Details
Studio Apartment for Sale - Liberty Place, B16 8JT
£120,000 | Investment Opportunity | Tenant in Situ
An excellent opportunity to acquire a well-located third-floor studio apartment within the popular Liberty Place development, ideally positioned close to Birmingham City Centre and Brindleyplace.
This property is offered with a long-term tenant in situ, currently paying £775 per calendar month, providing a strong gross rental yield of 7.75%, making it an attractive turnkey investment for landlords seeking immediate rental income.
The accommodation comprises a bright and well-proportioned open-plan living and sleeping area, fitted kitchen, and a modern bathroom suite. Situated on the third floor, the apartment benefits from a secure communal entrance and lift access within this well-maintained development.
Please note, the property does not include parking.
Lease & Charges (as advised by the leaseholder):
• Approximately 101 years remaining on the lease
• Ground Rent: £250 per annum
• Service Charge: £1,756 per annum
Liberty Place is conveniently located within walking distance of local amenities, restaurants, canalside walks, and excellent transport links, making it a consistently popular location for tenants and professionals alike.
Key Features:
• Studio apartment
• Third floor position
• Tenant in situ - £775 PCM income
• Gross rental yield 7.75%
• Long lease remaining (101 years approx.)
• No parking included
• City centre location
Early enquiry is recommended to avoid disappointment.