**Standout Features:**
- **Price:** £198,000
- **Location:** Central Birmingham (B1 1DR)
- **Size:** 484 sq ft, 1 bedroom, 1 bathroom
- **Modern Build:** Constructed in 2018 with contemporary design
- **Investment Opportunity:** Currently tenanted with a projected 7% rental yield
- **Amenities:** Close to major attractions like Grand Central Station, The Bullring, and local dining and shopping options
- **Lease:** 232 years remaining
- **EWS1 Available**
**Potential Downsides:**
- **High Crime Rate**: Area classified with very high crime
- **Deprivation Levels**: Area marked as highly deprived
- **Service Charge:** Higher at £1,755.98 annually
- **Maintenance Type:** Primarily electric heating and room heaters
Discover urban living at its finest in this contemporary one-bedroom apartment at The Axium, right in the heart of Birmingham. Perfectly designed for modern lifestyles, this appealing property features an open layout that maximizes natural light, making it a cozy space for both relaxation and entertaining. Situated on the fifth floor, you're just steps away from vibrant city life, including numerous amenities and cultural hotspots.
This leasehold apartment, built in 2018 and boasting 232 years left on the lease, offers an enticing investment opportunity with solid rental potential—currently generating a rental yield of 6.67% and projected to rise to 6.97% with potential new tenants. With fast broadband and excellent mobile coverage, it suits the needs of professionals and families alike.
While the area's very high crime and deprivation levels may raise concern, those seeking a vibrant urban lifestyle or a strong rental investment will find immense value in this unique property. The Axium is more than just a place to live; it's a gateway to the bustling life of Birmingham. Don’t miss out on this opportunity to invest in the future of urban living!