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Hagley Road, Birmingham, West... 1 bed flat for sale
Hagley Road, Birmingham, West Midlands, B16
£1,650,000
Hagley Road, Birmingham, West Midlands, B16
£1,650,000
Our Summary
- 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
- Investment Potential: Priced competitively at £1,860,000, the portfolio offers an attractive yield of 7
- 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
- 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
Description
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Here is a summary of the property description in a single paragraph:
Metropolitan House, a prime investment opportunity on Hagley Road in Edgbaston, Birmingham, offers a rare chance to acquire a diverse range of tenanted properties. The portfolio of 12 units, comprising 1-bedroom and 2-bedroom apartments, provides a strong income-generating capability with an attractive yield of 7.2%. With existing tenancy agreements in place, investors can benefit from immediate rental returns and capitalize on the promising growth prospects of the Edgbaston property market. The property is located in a prime position, with convenient access to amenities, transport links, and leisure facilities, and offers flexibility to be acquired as a complete portfolio or split into smaller sets. With a competitive price of £1,860,000, Metropolitan House presents a compelling opportunity for investors seeking a prime, income-generating asset in Birmingham's flourishing property market.