Pakenham village | One Bedroom | Ground Floor | Furnished | Communal Gardens | Residents Car Park | Low Lease | Cash Buyers | Lease Extension Transfer on Exchange
Davidson Estates are delighted to present this ground floor accommodation in the desirable location of Pakenham Village in Edgbaston.
Immaculate internally, the apartment comprises of entrance hallway, living space with kitchen and sitting area, bedroom and a shower room with marble floor and double shower unit.
The communal areas are well maintained including communal gardens, private car park and building areas. The property is very secure with a gated entrance to the building.
The apartment benefits from gas central heating and UPVC double glazing throughout.
Service Charge: £1,400.00 pa
Ground Rent: £70.00 pa
Years Remaining on Lease: 51 years (cost to extend the lease has been estimated at £21,000-23,000)
Current Rent: £650.00 (tenant in situ on a periodic tenancy)
The lease extension application can be transferred over to the buyer on exchange so not to wait the mandatory 2-years from completion to apply. The vendor is happy to start the application. Be aware that this can incur additional legal fees with your solicitor to handle the lease extension.
Pakenham Village is located close to Birmingham City University, The Priory Health Club, and there is Co-op within 2 minutes walk. Central Birmingham is a 5 minute drive away where you will benefit from The iconic Bullring, Grand Central Train Station and Paradise Circus.