Leasehold Investment - Modern Fourth Floor Apartment

A modern forth floor apartment contained within a seven storey block and forming part of the Edgbaston Mill Development, constructed by Redrow Homes in 2006. The property provides well laid out accommodation benefiting from balcony area, double glazing, good quality fittings, secure communal areas with lift access and allocated parking space. The development is located within Edgbaston on the outskirts of Birmingham City Centre and is situated directly opposite Edgbaston Cricket Club, alongside Cannon Hill Park. The property is currently let on an Assured Shorthold Tenancy at a rental of £900 per calendar month (£10,800 Per Annum), Ground Floor Communal Entrance and Reception with lift access. Fourth Floor Entrance Hall, Open Plan Living/Dining Kitchen: 6.65m x 3.57m, with wooden effect flooring, contemporary wall and base units with integrated appliances including dishwasher, oven, hob, extractor and fridge freezer, double glazed door providing access to balcony, Double Bedroom: 3.53m x 4.10m, Bathroom: 2.19m x 1.93m with contemporary suite comprising panel bath with shower over, wash basin and wc. Outside: Communal grounds and allocated parking space in secure underground car park. Leasehold Information: Lease Term: 150 years (less 3 days) from 28th December 2000. Ground Rent & Service Charge: Refer to Legal Pack. Council Tax Band – C EPC Rating – B Legal Documents: Available at www.cottons.co.uk Viewings: Via Cottons - 0121 247 2233 Note: The development failed an ‘EWS1’ assessment in April 2020 due in principal to defective external cladding and subsequently the development was accepted onto the government’s Building Safety Fund. It has now been reported that Hemisphere's application has been successful and full funding of just over £15.6m has been awarded, and works have commenced.