Eight8 Property are proud to bring to the market an amazing investment opportunity in the very centre of West Bromwich.
With 999 Year Leasehold, Low Service Charge and Peppercorn Ground rent - these apartments would be perfect for an investor starting or adding to their portfolio, or for personal use.
Ideally located in the centre of West Brom, you are within walking distance of all amenities, and 12 minutes commute by tram to Birmingham City Centre, perfect for those working in Birmingham.
The building itself, formerly the headquarters for West Bromwich's Transport & General Workers' Union is now being beautifully converted into 45 modern apartments.
Pricing:
One Bedroom Apartments From £118,495.00
Two Bedroom Apartments From £181,495.00
Two Bedroom Duplexes From £190,000.00
Details:
Completion - Estimated Q4 2023
Annual Service charge approximately £1.13 per square foot, with properties ranging from 301 to 743 square foot.
999 Year Leasehold
Peppercorn Ground Rent
Expected Rental Yield 6% (12% for Serviced Let Units)
Payment Terms:
Non-Refundable Reservation Fee of £2,500 upon booking of unit
25% Deposit on exchange of contracts (within 21 days of reservation)
75% Balance upon completion
For more information, or to register your interest, please contact our sales team today on 0121 236 8235 (Option 1) or email sales@eight8property.com
Ideal for Investment or Personal Use
Next to Metro stop - 12 minute journey to central Birmingham