Griffin Court, West Drive, Edgbaston, B5 7RS
Davidson Estates are proud to present this well situated apartment opposite Cannon Hill Park. Back on the market, a fantastic Investment opportunity! Extended lease of 130 years. Tenant in situ *** 7% net yield ***
Located opposite the iconic and ever popular Cannon Hill Park and situated on superbly well maintained grounds, this property could be an excellent investment (Buy-to-let) purchase or, equally, a perfect starter home for the first time buyer.
The property comprises of entrance hallway and airing cupboard; bathroom, kitchen; living room and double bedroom with a balcony.
There is ample communal parking available for all residents through the gated residence entry system.
For investors, there is a tenant in situ paying the current rental value of £500 per calendar month.
Service Charge: £1,200 pa
Ground Rent: £10 pa
Years remaining on lease: 130
This residential community is set on the Priory Estate with fantastic access to the city centre. It should be a 5-10 min drive into the city centre. The Priory Estate was built in 1958-60 and was the first of the new higher density developments under the post war ‘Calthorpe Estate Plan’. Priory Estate can be found in the South East corner of the Calthorpe Estate on the map of Edgbaston.
The Estate was designed by Holland Hobbis, a well-known Birmingham architect. The architectural features of the whole Estate are a matching symmetrical unity, which with its lawns, trees and walks, gives it an interesting mixture of rural atmosphere in a formal urban environment. The three patios separating the Drives were intended to inject a community spirit and provide a ‘village green’ place for socialising.
- Fantastic investment opportunity offering a great yield
- Located opposite Cannon Hill Park
- Extended lease of 130 years
- Tenant in situ paying £500 pcm
- Cosy apartment well suited for 1 person or couple
- Privately gated community
- Ample shared parking spaces
- Extremely well maintained grounds and communal areas
- 5 min drive to Birmingham City Centre
- Walking distance to all amenities