Offers in region of
£185,000
(£365/sq. ft)
1 bed flat for saleAbigails Close, Birmingham B26
1 bed
1 bath
1 reception
507 sq. ft
Added on
About this property
One-bedroom apartment, ground floor
Currently tenanted, ideal for investors
10-year building warranty
Expected yield of 5.5%
A stylish one-bedroom ground floor apartment set within a striking former bank building in Sheldon, Birmingham B26, now transformed into 57 contemporary one and two-bedroom homes. This tenanted investment opportunity offers an immediate income stream in one of the Midlands' key regeneration corridors, linking Birmingham Airport to the city centre via excellent transport connections.
The building's original 1970s four-storey character has been reimagined into light, airy interiors finished to a high specification, designed to appeal to long-term tenants and command strong rental demand. With the property already let, this is a straightforward, hands-off addition to any investment portfolio.
B26 continues to attract investor interest thanks to its position within a major growth and regeneration zone, benefiting from proximity to Birmingham Airport, the nec, a wide range of major employers, and strong retail, leisure and entertainment amenities nearby.
Built by an award-winning developer recognised as Midlands Residential Developer of the Year, this scheme has been finished to completion, meaning there is no waiting period, no build risk and rental income begins right away.
Key Features
One-bedroom apartment, ground floor
Currently tenanted, ideal for investors
250-year lease
10-year building warranty
Expected yield of 5.5%
Service charge estimated at £2.49 psf
£185,000 purchase price
£5,000 reservation fee, simultaneous exchange and completion
Located in B26, Birmingham, within a major regeneration corridor
Excellent transport links to Birmingham Airport and the city centre
Close to major employers, retail, leisure and entertainment
Development complete, ready for immediate income
Enquire today for the full investor pack.
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More information
Tenure
Leasehold (250 years)
Service charge
£1,260 per year
Council tax band
Ground rent
£0
Ground rent date of next review
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