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10 bed flat
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The property is a three-storey detached block in Birmingham City Centre, with 10 self-contained flats and a freehold interest. The block has a gross initial yield of 7.6% and generates an income of £106,190 per annum. The flats are situated along the Birmingham and Fazeley Canal and offer modern and well-maintained accommodation, each comprising a hallway, open-plan living room/kitchen, double bedroom, bathroom or shower room, and balcony. The flats have uPVC double-glazed windows and gas-fired combination central heating, except for Flat 2, which has electric heating. The building has secure communal entrance, visitor intercom system, CCTV coverage, and attractive communal gardens. Parking is available on an adjoining car park, subject to availability and restrictions.