Victoria Court Victoria Street, West Bromwich, B70 8BW
£100,000
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
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
Khalid
Buy-to-let investor
“Honestly the best overall company in terms of property investment - if you are starting new this you place. Also, the staff are very helpful and amazing!”
Mala
Buy-to-let investor
“Very good service and easy to use for your BTL journey and the best part is you can do big transactions without any hessle. Highly recommend GetGround services to anyone want to start their BTL journey.”
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.”
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