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
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!”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Meet the team