Lombard Street, Birmingham, B12 0QD
£200,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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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
0 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Ground rent
£1
Service charge
£1.00 per year
Overview
Sq Footage TBC. Lease duration, ground rent, and service charge TBC. This one-bedroom apartment in Digbeth, Birmingham, offers a prime buy-to-let investment with an asking price of £200,000, reflecting a 12% discount from its estimated value of £226,000. Currently tenanted, the property generates £900 per month in rent, yielding a gross return of 5.4%. With a leasehold and a 996-year lease, the apartment also has a service charge of £1,886 per year and a ground rent of £395. Located in the vibrant Digbeth area, just a 10-minute walk from Bordesley Train Station, the property benefits from strong rental demand. With a forecasted capital growth of 3.5% and rental growth of 5.2%, this investment offers both immediate returns and long-term value. The net cash flow is £275 per month, or £3,300 annually, making this property an attractive option for investors.
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.”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
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