A Long Leasehold Studio Apartment Investment Property Current Rental Income £10,500 PA
A ninth floor studio apartment in the iconic Rotunda apartment building in the heart of Birmingham City Centre, close to the Bullring shopping centre and New Street station, with panoramic views over the city.
Accommodation
Bedroom/Living Area, Kitchen, Bathroom.
Lease Details
Lease Term: 250 years with effect from 17/09/1999 expiring on 11/09/2249, having approximately 225 years unexpired.
Ground Rent: We understand the ground rent payable is £406.98 per annum.
Service Charge: £2,625.92 per annum.
Tenancy Details
The property is currently let by way of an assured shorthold tenancy which is holding over, at a rent of £875pcm (£10,500 per annum). Notice can be served at any time to secure vacant possession, if required.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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