West Timber Yard Hurst Street, Birmingham, B5 6RY
£310,000
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
2 Bedrooms
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
208 years
Ground rent
£3,278
Service charge
£150.00 per year
Overview
Sq Footage TBC. 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 strategy with a 208-year lease. 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!”
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.”
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.”
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