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Longmore House | Modern Apartments | Moseley | Birmingham

£173,250

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Description

Located on Cromer Road, Moseley in Birmingham, Longmore House is a collection of 20 apartments close to Birmingham City Centre.  These one and two-bedroom apartments will be finished to an extremely high standard.  Each apartment has a car parking space assigned to it and included within the purchase.  Security includes video entry to each apartment.  Each apartment in Longmore House, Birmingham will benefit from a range of appliances in the luxury fitted kitchens will include BOSCH*** oven/hob, washing machine and full height fridge freezer.  Soft closing mechanisms on the kitchen units.  Modern bathroom fittings.  Noise reduction double glazed units throughout.  BT Ultrafast fibre broadband.

This high-end development provides the investor with the option of multiple revenue streams as the lease will allow for short term lets, and the location is perfect for both long and short term tenants.  This development will suit our corporate short term accommodation investment model. On longer-term lets (over 6 months) the investment will provide an approximate yield of 5% – 6% however the short term model can dramatically increase yields to 7% – 10% (occupancy dependent)

Address

  • City: Birmingham

Detail

  • Price: £173,250
  • Property Type: Commercial Property

Contact info

SusanKellyUK
SusanKellyUK

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