Farquhar Road, Edgbaston, B15 2QL
Investment opportunity! Low lease. Fantastic location with close proximity to both Birmingham University & Queen Elizabeth Medical Centre.
This two bedroom apartment comprises of secure communal building entrance, porch leading directly into a spacious lounge and fitted kitchen, two double bedrooms, family size bathroom with overhanging shower, separate WC, and storage cupboards. Located on the first floor and benefits from UPVC throughout.
We are notified by the vendors that there is 49 years remaining on the lease meaning it may be difficult to obtain a mortgage, therefore we are only considering cash buyers. You will need to own the property for a further two years before applying for a lease extension. You will need to make your own enquiries as to the cost of the lease extension.
Service charge: £2,000 pa
Ground rent: £40.00 pa
Years remaining on the lease: 49 years
Potential rental income of £850.00 pcm
- Walking distance Birmingham University
- Close proximity to Queen Elizabeth Medical Centre
- No Chain
- Use of residents car park
- CASH BUYERS ONLY - 49 years remaining on lease
- Investment opportunity
- Easy transport links into Birmingham City Centre
- Located on the 1st Floor