£165,000
2 bed flat for saleRyland Street, Birmingham, West Midlands B16
2 beds
2 baths
EPC Rating: B
- Leasehold
Sold.co.uk
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About this property
2-Bedroom Apartment
Great Investment Opportunity
Second Floor
Sold Tenants in Situ - 8.36% Yield
Open-Plan Kitchen/Living Room
Fitted Kitchen With Integrated Appliances
Ensuite Shower Room
Family Bathroom
824 Sq. Ft
Near City Centre
*** tenants in situ - investors only ***
This well-presented two-bedroom apartment on Ryland Street, Birmingham presents an excellent investment opportunity. Currently tenanted and generating a healthy 8.36% yield with £1,150 monthly rental income, this modern apartment offers both immediate returns and long-term investment potential.
The apartment's layout includes a spacious open-plan kitchen/living room spanning over 26 feet in length, perfect for modern living. Two well-proportioned bedrooms are complemented by a family bathroom and an en-suite to the main bedroom. The property benefits from a contemporary finish throughout, making it an attractive proposition for the rental market.
Located in Birmingham's vibrant city centre, the property enjoys excellent proximity to key amenities. The apartment is within walking distance of Birmingham's business district, shopping areas, and entertainment venues. Major transport links including Birmingham New Street station are easily accessible, making it ideal for professionals seeking city centre living.
Currently tenanted and providing immediate rental income, this property represents a sound investment opportunity in Birmingham's thriving rental market. The established rental history and desirable location make this an attractive proposition for investors. Early viewing is strongly recommended to appreciate the investment potential fully.
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More information
Tenure
Leasehold (103 years)
Service charge
£3,000 per year
Council tax band
E
Ground rent
£150
Ground rent date of next review