Sold STC

4 Charles Edward Road, Birmingham, B26

£157,500Leasehold

111

Key Information

Tenure:Leasehold
Service charge:£636 per year
Ground rent:Not available
Time remaining on lease:0 years
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Description

Investment Highlights

  • Invest from as little as £152,250

  • Estimated rental yields up to 5.98%

  • Allocated parking with every unit

  • Private, gated community offering additional security

  • High specification units with fitted appliances

  • Located just 30 minutes from Birmingham City Centre

Investment Breakdown
  • Leasehold: 250 years

  • Ground Rent: Peppercorn

  • Service Charge: £1.6 per sqft

  • Completion Q4 2024

Market Key Facts
  • Projected sales price growth in Birmingham over the next 5 years: 16.5% (Source - JLL)

  • Projected rental growth forecast over the next 5 years: 15.9% (source – JLL) 

  • Average net yield in Birmingham: 4.25%

  • Average sales price in Birmingham (2 bedroom flat): £250,000 - 8.7% increase from 2019

  • It is estimated that Birmingham currently has a quarter of households renting their properties

Arrange Viewing

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Number of pupils: 832
Age Range: 4 - 11
Oasis Academy Hobmoor
(0.46 miles)
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Number of pupils: 486
Age Range: 3 - 11
Gilbertstone Primary School
(0.53 miles)
Good
Number of pupils: 428
Age Range: 3 - 11
Cedars Academy
(0.59 miles)
Good
Number of pupils: 328
Age Range: 7 - 11
Cottesbrooke Infant and Nursery School
(0.63 miles)
Number of pupils: 273
Age Range: 3 - 7
Kimichi School
(0.65 miles)
Good
Number of pupils: 36
Age Range: 9 - 19
St Bernadette's Catholic Primary School
(0.73 miles)
Good
Number of pupils: 655
Age Range: 4 - 11
Redhill Primary School
(0.76 miles)
Good
Number of pupils: 201
Age Range: 4 - 11
Brays School
(0.9 miles)
Number of pupils: 260
Age Range: 2 - 11
Lyndon Green Infant School
(0.9 miles)
Good
Number of pupils: 277
Age Range: 5 - 7

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£829 /mo.25 Years, 5% Interest
Loan
£141,750
Total Repay
£248,597

Stamp Duty

You’ll have to pay the stamp duty of:
£0

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