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West Midlands, B16

£130,000

Leasehold

For Sale

Apartment

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Property Features

Two Bedroom Apartment
Tenant In Situ
No Chain
Investment Opportunity
8% Yield
Well Presented Throughout
City Centre
120 Years Remaining On The Lease
£10 Annual Ground Rent
£1335 Annual Service Charge

Located in the heart of Birmingham City Centre, this well-presented two-bedroom apartment at Collings House offers an excellent investment opportunity with a tenant already in situ, providing an attractive rental yield of approximately 8%. The property is offered with no onward chain, making it an ideal purchase for investors seeking an immediate income-producing asset. Finished to a good standard throughout, the apartment enjoys a convenient city centre location within easy reach of Birmingham's business district, shopping, restaurants, transport links and universities.

Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.

Anti-money Laundering Checks (AML)

Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system and is non-refundable.