studio flat40 Great Charles Street Queensway, Birmingham, B3 2LX

This is a unique top floor, small and self-contained unit in a refurbished development. It is in the very heart of Birmingham and ideal as a weekday/weekend crash pad or a potential high return investment. The small proportions mean it benefits from lower service charges, council tax and heating costs making it a very cost effective option. Its location on the top floor has open views across the city. Ideal for a single person or for use as a weekday/weekend crash pad. It has an integrated kitchen, living and bedroom area and separate compact shower/bathroom and access to both a lift and stairwell. There is also a laundry room available for the use of the small number of studio apartments in the building. Refurbished in 2014 and benefitting from double glazing, modern facilities and a separate laundry room exclusive to the crash pads. The unit has been used by the vendor for the last two years and finished to a high standard including several additional upgrades, including remote-controlled LED lighting and comes fully furnished. It’s top floor location means it has no immediate neighbours to the sides or above and also has a small porch area in front of the property entrance. The unique nature and size of these units makes them much sought-after when they rarely come to market. However, note that they are not mortgageable due to the overall size of the property. It is a recommended viewing for anyone looking for such a property and cash purchase opportunity for either residential or rental purposes. Electricity is billed separately per unit by the management company. The annual service charge includes the buildings insurance, the laundry facility for use exclusively by the crash pads and all annual water and hot water costs. Previous returns on the investment have ranged from 8 to 12%