1 bedroom flat for sale in Axium, Windmill Street, Birmingham, B1

Summary - Axium, Windmill Street, Birmingham, B1 B1 1FW

1 bed 1 bath Flat

**Key Features:**
- Location: City Centre, Birmingham, B1
- 1 Bedroom flat with modern, high-spec finishes
- Features: Open-plan lounge/kitchen, double bedroom with fitted wardrobes
- High rental yield of 6% with existing tenancy until September 2025
- Concierge service and secure fob entry
- Service charge: £1,179.50 annually; Ground rent: £207
- Approx. 463 sq. ft. overall size

This stylish one-bedroom flat in the heart of Birmingham’s city centre is an investor's dream, offering a substantial 6% yield rate and a current rental income of £1,000 per month. Featuring floor-to-ceiling windows that flood the open-plan living space with natural light, this apartment perfectly blends comfort and modernity with chic furnishings and high-spec appliances, including a wine chiller in the contemporary kitchen. The spacious bedroom boasts fitted wardrobes, providing both convenience and a streamlined aesthetic.

While the flat is in excellent condition, potential buyers should note that the leasehold status comes with only two years remaining on the lease, which may pose challenges with mortgage approvals. Additionally, the area experiences high crime rates, which could be a consideration for some residents.

Despite these concerns, the urban lifestyle is a huge draw, encompassing vibrant local amenities and communal living areas, making it an attractive option for young professionals or as a rental property. Don't miss this opportunity to secure a property with exceptional rental prospects in a sought-after city location!

Property Details

Price: £200000
Bedrooms: 1
Bathrooms: 1
Property Type: undefined
Property SubType: undefined

Brochure Descriptions

This image appears to be part of a marketing material for a property named Timber Yard, located in Birmingham. However, no images of the actual property or its surroundings are visible, so a detailed description of the property's features cannot be provided.
The property is located in a modern redevelopment area known for its landmark urban regeneration. It is a multi-story residential complex with a contemporary design featuring extensive glass windows and a brick facade. The property is situated in a city setting, offering impressive urban views. It is part of a large residential block with expansive communal areas, possibly including gardens or plazas suitable for social interaction and leisure activities. The building appears to be of an average to large size, well-integrated into the city skyline.