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Property for sale information

 
Arena View, Birmingham: 5% net 3 Yr Rental Guarantee  
Reference nr: SD629484
Description:

The National Indoor Arena (NIA) is one of the most sought after, and therefore busiest, large scale indoor sporting and entertainment venues in Europe. Since opening in 1991, over 4 million visitors have enjoyed over 30 different sports and an extensive variety of entertainment and music. So it’s no wonder that quality accommodation, adjacent to the doors of the NIA, is a much sought after commodity. Arena View provides just that – exceptionally well appointed one and two bedroom apartments looking onto the NIA. You can’t get any closer to the action!
Located in Birmingham City centre, adjacent to the NIA and in close proximity to Birmingham’s ICC (International Convention Centre), the apartments at Arena View offer investors, owners and visitors alike, the perfect proposition in Birmingham’s conference quarter. Offering a rental guarantee of 5% net over 3 years, prices start as low as £148,540

Prices are fixed UK currency (exchange rate 1.477).

Bedrooms: Bathrooms: Price (€):
2 1 242,228
2 2 273,245
2 2 292,446
2 2 310,170
Features:
City
Submission Date:
07-10-2007
Last Update:
10-23-2007
Advertiser Details:


Name:
Catherine Monaghan

Company:
Cornerstone Group

Phone:
+353 1 4402390
Fax:
+353 1 4402390
Mobile:

 
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National Indoor Arena

Bull Ring Shopping Centre

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Calculators

 
Property price: €242,228
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations