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Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 1 bed block of apartments | 2013 Vehicle for1

Martin & Co - Birmingham

This listing was posted on Martin & Co - Birmingham (via ListedBuy).

£1,800,000

Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 1 bed block of apartments

Price:
£1,800,000
Summary:
Used 2013
Location:
Birmingham, W Mids
Description:

A rare opportunity to purchase Block 11 Mint Drive which is a block of 9 apartments and 10 parking spaces. The block consists of 3 x 1 beds & 6 x 2 beds and is being sold as a furnished, tenanted investment achieving £9,405 pcm (£112,860 pa). The limited company that owns the property can be purchased meaning there would be no SDLT to pay! The apartments are arranged over 3 floors with the ground floor commercial unit already been sold to an owner occupier. The size is 6,681 total sq ft for the apartments not including the communal area. Price per square foot - £269 per sq ft. Mint Drive is a major residential development in Birmingham's vibrant Jewellery Quarter, located at the former coin factory at the Birmingham Mint site. 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. TENANCY SCHEDULE: Apartment 181 - 2 bed - 831 sq ft - £1,250pcm Apartment 182 - 1 bed - 534 sq ft - £900pcm Apartment 183 - 2 bed - 862 sq ft - £1,200pcm Apartment 184 - 2 bed - 831 sq ft - £975pcm Apartment 185 - 1 bed - 534 sq ft - £925pcm Apartment 186 - 2 bed - 862 sq ft - £1,100pcm Apartment 187 - 2 bed - 831 sq ft - £1,100pcm Apartment 188 - 1 bed - 534 sq ft - £800pcm Apartment 189 - 2 bed - 862 sq ft - £1,155pcm LEASEHOLD INFORMATION: Service Charge - £6,887 pa for the whole block Ground Sale - Zero (Peppercorn) Lease Length - 999 years from 22nd July 2013 Lease, ground sale and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this. Still available at ListedBuy!
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More About this Listing: Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 1 bed block of apartments
Block 11 The Mint, Mint Drive, Jewellery Quarter, B18 1 bed block of apartments is a 2013 Vehicle for Sale in Birmingham WMD. Find other listings by searching for 2013 Cars and Vehicles in Birmingham on Oodle Classifieds.