Trusted local estate agents for Edgbaston and Birmingham City Centre since 2008

Arden Court, Erdington, B24 9NQ
(Sold STC)

£70,000.00

1 Bedroom
1 Bathroom

PRICE REDUCTION – Lucrative investment property or first-time buyer home in a very popular area in Erdington with garage. Potential NET Yield: 8%

Davidson Estates are delighted to present this lucrative investment property or first-time buyer home in a very popular area in Erdington.

The apartment comprises of entrance hallway with storage leading through to a large bright and airy living room, off the living room is the kitchen with all appliances included; There is a master bedroom with a built-in wardrobe and a bathroom w/c electric shower.

The property benefits from UPVC double glazing throughout, electric heating, available parking and a garage.

Service Charge: £1,200 pa
Ground Rent: £10 pa
Years Remaining on Lease: 63 years
Potential Rental Income: £550 pcm
Potential NET Yield: 6.3%

  • Lucrative investment property
  • Garage
  • Great first-time buyer home
  • Potential NET Yield: 7.5%