1 bed Flat (for sale) Birmingham Apartments, Floodgate Street, Birmingham B5

£1,999,995
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Alesco Investment Properties
Unit 26b Horizon House, London
020 8033 7635
First Published

22nd Nov 2019

Last Published

22nd Nov 2019

 

Features

  • Type: Flat
  • Bedrooms: 1
  • Listing status: sale
  • Country: England

Description

Birmingham btl Investment Opportunity

This development is ideally located in the heart of Birmingham.

Residents can enjoy the spacious, modern apartments as the local amenities and transport which are both excellent. The area is pleasant and includes a lot of green space which contributes to a peaceful atmosphere.

Investment Overview

• Birmingham City Centre
• 6% Net Rental Income
• Close to Transport Links
• Minutes from Amenities
• Experienced Management Company

Birmingham A Thriving Modern City

Birmingham has some of the highest tenancy rates in the UK and is experiencing impressive population growth which is boosting the housing market year after year.

Developments like this buy to let are becoming more popular all the time as the supply of high quality rental accommodation continues to get swamped by the overwhelming demand.

Birmingham itself is Britains second largest city and home to more than one million people. It is a well-known business destination and cultural centre which is very attractive to professionals looking for a cosmopolitan lifestyle outside the Capital.

All pictures shown are for illustration purposes only

Contact Us Today for a Free Consultation.

 

Local info for B5

 

Property Value Data/Graphs for B5

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Flat 89.4% £237,960 1.6 1
Studio 2.3% £159,921 0 1
Terraced house 2.3% £207,357 2.9 1.6
End terrace house 2% £311,658 3 1.7
Semi-detached house 1% £413,333 3.3 2.3
Town house 1% £96,667 3 2
Other 1% £351,667 4.7 0.7
Detached house 0.7% £687,500 5 2.5
Maisonette 0.3% £130,000 2 1

Area Information

Average Price Paid

£188,475

Sales

1095

Current Average Value

£240,993

Value Change

£52,518 27.9%

 

Current Asking Prices in B5 Average: £240,993

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses - £148,333 (3) £233,097 (15) £535,000 (3) £390,000 (1)
Flats £199,900 (138) £259,556 (106) £344,419 (26) - £325,000 (1)
All £199,900 (138) £256,495 (109) £303,691 (41) £535,000 (3) £357,500 (2)

Nearby Properties

2 bed Flat () Priory Road, Edgbaston, Birmingham, West Midlands B5 £145,000
3 bed Semi-detached house () Leacroft Grove, West Bromwich, West Midlands B71 £140,000
2 bed Maisonette () Vine Crescent, West Bromwich, West Midlands B71 £105,000
3 bed Terraced house () Wilmot Drive, Birmingham, West Midlands B23 £170,000
3 bed Semi-detached house () Goode Close, Oldbury B68 £190,000
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