1 Bed Flat For Sale Allison Street, Birmingham, B5

£130,000- Flat

1 of 15
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 7th May 2024

Description


SUMMARY
STUNNING CHARACTER PROPERTY located in The Brolly Works development.This large studio/1bed apartment has vaulted ceilings with exposed timbers and original bespoke windows. Newly refurbished this would make a perfect first home or buy to let investment. Rental income £795 pcm. City Centre location.


DESCRIPTION
Uncover the charm of this stunning character studio apartmen, nestled within the historic Brolly Works development, this Grade 2 Listed property is an ideal choice for First Time Buyers or investors, it makes the perfect city pad. Being an ideal first time purchase or buy to let! Being refurbished to a high standard is this one bedroom studio upper floor apartment. Viewing is highly recommended to appreciate.
The location is next to Selfridges and only a few minutes walk to the new High Speed train terminal to London , also trams are due to start running through Digbeth High Street connecting up the city.
Likely rental income would be £795 pcm.
CALL NOW TO BOOK TO VIEW

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Rental Information 
Monthly rental figure would be £795pcm/ yield 6.8 % Air BNB is also accepted on this development.

Property Description 
This stunning spacious character studio apartment is located in a grade 2 listed former Umbrella factory known as The Brolly Works . Set in the heart of vibrant Digbeth & next to Selfridges and Moor Street Train Station. The new tram line is running through Digbeth High Street offering transport quickly and easily across the city.

This unique studio apartment measures 450 sq ft and has high ceilings with original timbers , sympathetically restored it offers modern living in a historic building in the centre of the city.
This apartment boasts 4 large Gothic style secondary glazed windows with a dual aspect. Accessed via a Victorian courtyard entrance the property can be found on the 3rd floor , entrance into a large hallway with a new electric panel heater , downlights , entry phone, smoke alarm and feature mirror. Doors off lead to a modern shower room with wc and sink with large shower cubicle. Tiled floor and tiled walls to wet areas - large mirror and chrome towel radiator. Extractor fan.
Further door off leads to large L shaped kitchen living and bedroom area . Double doors into the boiler cupboard with water tank and fuse board extra storage space.
Kitchen comprises wood effect wall and base units , stainless steel effect worktops with built in electric single oven , ceramic hob , cooker hood, under counter integrated fridge/freezer , integrated washer/dryer. 1 window to front aspect. Extractor fan. Living area has ample sockets tv/bt points and electric panel wall heater and industrial style black wall lights with Eddison bulbs. 2 windows to the front and side aspect. High ceilings with original beams. Bedroom area has electric panel heater & industrial style black and Eddison bulb lights to the walls and stunning beams overhead. 1 window to side aspect . bedroom area is separated from living area by Ikea room divider.

Perfect for First time buyer or Investment property - no upward chain.

Entrance  8' 6\" max x 7' 4\" ( 2.59m max x 2.24m )
Entrance is via a secure gated main entrance into a communal area with stairs leading up to the property, Solid wooden door with glazed window above, laminate flooring and electric wall heater, spotlights and intercom.

Open Plan Kitchen/lounge/bed 17' 2\" Max L Shape x 19' 4\" Max L Shape ( 5.23m Max L Shape x 5.89m Max L Shape )
Kitchen comprises of a range of wall and base units. A sink, single electric oven with hob and extractor fan over head. Integrated fridge freezer and washing machine. Open plan to lounge having 4 secondary glazed gothic style windows, laminate flooring, wall lights, electric wall heaters and beautiful high ceilings with exposed beams ceiling heights in excess of 15 foot.

Bedroom Area 10' 7\" x 8' 2\" ( 3.23m x 2.49m )
Bedroom area divided by an ikea room divider with an electric heater and ample space for double size bed and bedside tables Vaulted ciling with exposed timbers and beautiful windows . Industrial style eddison lights create a quirky feel to the property

Bathroom  
bathroom located off the entrance hall way having a shower cubicle, wash hand basin, low level W/C, wall mounted chrome towel radiator, shaver port, spotlights and wall and floor tiling.

Agents Note: 
Under the terms of the Estate Agency Act 1979 (section 21) please note that the vendor of this property is an Employee of the Connells Group of companies


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.\r
2: These particulars do not constitute part or all of an offer or contract.\r
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.\r
4: Potential buyers are advised to recheck the measurements before committing to any expense.\r
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.\r
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Agent Details
Connells
\\t 145 Great Charles Street Queensway Birmingham B3 3LP

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£170,000
Birmingham, B1
Flat
9.8
£450,000
, B5
Terraced
9.5
£198,000
Birmingham, B5
Flat
8.8
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested