5.2%Rental growth
4.0%Cap growth
£1,750Rental income
6.8%Gross yield
£77,500Minimum deposit

West Timber Yard Hurst Street, Birmingham, B5 6RY

£310,000

Financial snapshot

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Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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Returns

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

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.

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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.

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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!

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