Large ground-floor two-bed with gated parking and strong yield — ideal for investors..
No chain and vacant possession option available
Generous internal area — approximately 1,341 sq ft
Open-plan lounge/kitchen with private balcony
Secure allocated gated parking included
Advertised c. 8% gross rental yield (investor appeal)
Electric room heaters only — no central gas heating
Service charge £2,521 pa; ground rent £100 pa
Local area: high crime and significant deprivation
This spacious ground-floor two-bedroom apartment in Dakota Apartments offers an unusually large 1,341 sq ft layout in the heart of Birmingham. The open-plan living/kitchen leads to a private balcony and the home comes with secure gated parking — practical city living with outdoor space and a parking bay included.
Presented with vacant possession or available with tenants in situ, the property is attractive to investors seeking a strong income stream (advertised c.8% gross yield) or buyers wanting immediate city-centre access. Transport links are excellent: Brindley Place, Broad Street, Five Ways and New Street are all within a short walk, putting dining, nightlife and rail connections close by.
Be aware of a few material factors: heating is electric (room heaters), service charge is £2,521 pa and ground rent £100 pa, and the property is leasehold (around 100 years remaining according to supplied data). The local area is described as inner-city cosmopolitan with high crime levels and notable deprivation, which will affect long-term buyer profiles and management considerations.
For investors, the combination of size, location and an advertised 8% gross yield is a clear draw. For owner-occupiers, the apartment delivers generous living space and city-centre convenience but expect higher ongoing service and council tax costs and to rely on electric heating rather than a central gas system.