Property description

A third floor apartment LET AS A SERVICED APARTMENT until 29th February 2016 for £732.12PCM. Making an EXCELLENT INVESTMENT OPPORTUNITY and located in Birmingham City Centre near The Bull Ring and benefiting from double glazing and electric heating, the property comprises; hallway, open plan living dining kitchen with Juliette balcony, double bedroom and modern bathroom with shower. With well maintained communal areas and lifts.

Approach
Located on the third floor with wooden entry door leading into...

Entrance Hallway
With laminate flooring, telephone entry intercom, wooden door accessing storage cupboard accommodating water tank and fuse box providing ample storage and further wooden doors leading into the following accommodation;

Open Plan Living Dining Kitchen - 21' 7'' x 12' 5'' (6.58m x 3.79m)
With laminate flooring, two wall mounted electric heaters, double glazed double doors accessing Juliet balcony and providing views towards Bullring, a complement of modern wall and base units incorporating laminate roll top work surface, stainless steel one and a half bowl sink and drainer with chrome effect mixer tap over, a complement of integrated appliances such as electric oven, four electric hobs, filter extractor fan over, fridge freezer and washer dryer and tiling to appropriate splash back areas.

Double Bedroom - 13' 8'' Into wardrobes x 8' 10'' (4.16m x 2.69m)
With wall mounted electric heater, double glazed window to front Bullring aspect and wooden doors accessing built in wardrobe with overhead storage.

Bathroom - 7' 9'' x 5' 4'' (2.36m x 1.62m)
With tiling to floor, chrome plated electric heated towel rail, white suite incorporating chrome effect push button WC, wash basin on pedestal with chrome effect taps over, panelled bath with chrome effect taps over and shower over with shower splash screen, tiling to all appropriate splash back areas, shaver point and ceiling extractor.

Communal Areas
With secure communal entrance and lift

Tenancy Agreement
The property is let as a service apartment to 'Premier Apartments (UK) Ltd. The current tenancy agreement has been running since 1st March 2009 and us due to expire 29th February 2016. The current rental income is £732.12pcm. Cottons verbally have received feedback that Premier Apartments have suggested they may be interested in negotiating a new tenancy agreement at the end of the current agreement, however this is subject to formal confirmation.

Ground Rent
Ground Rent: £150 per annum

Service Charges
Service Charges: £742 per annum

Property Features :

• Third Floor Apartment
• EPC Rating: C(76)
• Let as Serviced Apartment until 29th February 2016 for £732.12pcm
• Double Bedroom
• Open Plan Living Dining Kitchen