Summary - Flat 1 Abacus Building, 1, Warwick Street, BIRMINGHAM B12 0NW
1 bed 1 bath Flat
**Standout Features:**
- Modern studio apartment in the Abacus Building, Digbeth
- Chain-free sale with an EWS1 pass certificate
- Ground floor, offering convenience and accessibility
- Contemporary open-plan living area with built-in appliances
- Currently generating a rental income of £550 per month, representing a potential 7% gross yield
- Short walk to Custard Factory bars and restaurants, and proposed HS2 hub
- 107 years remaining on the lease, low ground rent (£150/year), and reasonable service charge (£1500/year)
**Potential Concerns:**
- Small overall size (400 sq. ft) may not suit all buyers
- Crime rate in the area is high, which should be considered
This well-presented, modern studio apartment is an excellent opportunity for investors or first-time buyers looking to enter the Birmingham property market. The open-plan lounge, kitchen, and bedroom enjoy a sleek design with ample storage and integrated appliances, ensuring functionality for city living. With proximity to vibrant attractions and transport links, this property holds promising rental potential, accompanied by a secure lease length.
Despite the challenges of smaller space and local crime rates, the competitive pricing and projected yield make this an enticing option. Don't miss your chance to view this charming studio in the heart of a thriving urban area—arrange a visit today!
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