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Estimated deposit

Purchase fees

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Returns

Your total return by 2036

Annual return

Rental growth p.a.

Cap growth p.a.

Rental income p.c.m.

Gross yield

Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here

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Area highlights

Property snapshot

Apartment

657 sq ft

2 Bedrooms

1 Bathroom

Tenanted

Tenure - Leasehold

Lease-length

111 years

Ground rent

£1

Service charge

£2,100.00 per year

Overview

This 2-bedroom apartment on Litchfield Road, Sutton Coldfield, B74 2RP, presents a strong buy-to-let opportunity with an asking price of £202,500, reflecting a 23.3% discount. The property is currently tenanted, generating an annual rent of £11,400, offering a gross yield of 6.5%. The leasehold tenure has 111 years remaining, with an annual service charge of £2,100. The net monthly cashflow is £467, translating to a net annual cashflow of £5,604. With a market rent of £1,100, this investment provides solid returns in a well-connected area near Sutton Coldfield Station.

What our customers say about us

Ricky

Buy-to-let investor

“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”

Ho Chuen

Buy-to-let investor

“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”

Graham

Buy-to-let investor

“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”

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