Residential · Flat · Leasehold

An Accommodation Unit Let Producing £5,976 Per Annum

Flat 3, 13 Cardinal House, 55 Bridge Road, Birmingham, West Midlands, B8 3ST

Property type
Flat
Tenure
Leasehold

Description

An Accommodation Unit Let Producing £5,976 Per Annum The property comprises student accommodation unit situated within a purpose built block arranged over ground and two upper floors. Tenure: Leasehold. The property is held on a 125 year lease from 1st July 2015 (thus approximately 117 years unexpired). Location: The property is situated on a residential road close to local shops and amenities. The open spaces of Adderley Park are within easy reach. Transport links are provided by Adderley Park rail station. Accommodation: Bedroom Communal Reception Room Communal Kitchen Communal Bathroom Tenancy: The property is subject to a Tenancy at a rent of £498 per calendar month.

Financial Tools

Your estimated monthly payment
£41.69/mo
Deposit £2,500 (25%) Loan £7,500 Interest £5,006
Total cost £12,506 Total interest £5,006
Property price£10,000
Deposit25%
£2,500
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

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