Summary - 50 APARTMENT 112 SHERBORNE STREET BIRMINGHAM B16 8FN
2 bed 2 bath Apartment
Chain-free two-bedroom apartment with parking, balcony and strong rental income potential..
EWS1 approved; chain-free sale and immediate completion possible.
A practical first-floor apartment in the Jupiter development, offered chain-free and EWS1 approved — ready for immediate sale. The property is currently let long-term at £1,200 pcm, making it a straightforward buy-to-let with an approximate gross yield of about 6.9% at the asking price of £210,000. The layout includes two double bedrooms, two bathrooms and a private balcony, with secure allocated parking in the gated garage below.
The flat has neutral, contemporary finishes and good natural light from large living-room windows and the balcony doors. The long lease (104 years remaining) and secure parking add rental appeal and resale stability. Broadband speeds and mobile signal are strong, supporting modern tenants’ needs.
Notable costs and restrictions are clear: the annual service charge is £2,750 and ground rent £150, with council tax band E. Heating is by electric room heaters rather than a communal or gas system, which may affect running costs and tenant preferences. The development sits within an inner-city, multicultural student neighbourhood and a deprived wider area — a factor to weigh for owner-occupiers but commonly acceptable to investors targeting rental demand.
Overall this apartment suits an investor seeking immediate rental income and low-entry management; owner-occupiers should consider the location profile and running-cost implications of electric heating.
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