Victoria Court Victoria Street, West Bromwich, B70 8BW
£100,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
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
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Apartment
0 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
245 years
Ground rent
£330
Service charge
£759.00 per year
Overview
This 2-bedroom apartment located on West Timber Yard, Hurst Street, Birmingham, is listed for £310,000 with a gross yield of 6.8%, based on an annual rent of £21,000. The property is tenanted and offers a buy-to-let opportunity. The service charge is £1,192 per annum, and the ground rent is £3,278 per annum. With a market rent of £1,750 per month, the net cashflow is £781 per month, or £9,372 annually. The property is in a prime location, just a short distance from major transport links, making it a great investment opportunity in a vibrant area.
What our customers say about us
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
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.”
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!”
Meet the team