£160,000
2 bed flat for saleRyland Street, Edgbaston, Birmingham B16
2 beds
2 baths
Just added
Leasehold
About this property
Gross yield of 8.6%
Let until February 2027 @ £1,150 pcm
Balcony
Allocated Underground Parking
Two Bedrooms
Two Bathrooms
2nd Floor Apartment
Walking distance to the City and Edgbaston
Exceptional yield for a city centre apartment @ £160,000 with rent of £1,150 pcm, this property delivers a gross yield of 8.6% - well above the UK average of around 5–6% for city centre flats. Rarely achievable in Birmingham's prime core. Currently tenanted - zero void period for new owner. Tenancy in place until February 2027 at £1,150 pcm (£13,800 p.a.). The buyer inherits an established, paying tenant with no re-letting costs or empty months ahead.
A rare opportunity to acquire a fully tenanted city centre apartment in one of Birmingham's most sought-after locations - ideally situated near Broad Street, with its wealth of bars, restaurants, and amenities on the doorstep.
The apartment occupies the second floor and benefits from a private balcony, two well-proportioned bedrooms, two bathrooms, and an allocated parking space - a combination that commands strong and consistent rental demand from young professionals and couples year-round.
With the tenancy running until February 2027 at £1,150 per month, the buyer will enjoy immediate rental income with no void period and no re-letting costs in the near term. Offered at an asking price of just £160,000, this represents exceptional value and a gross yield of 8.6% - a compelling proposition in any market.
Investment summary
Asking price
£160,000
Monthly income
£1,150
Annual income
£13,800
Gross yield
8.6%
Gross yield = annual rent ÷ purchase price. Does not account for service charges, management fees, or other costs. Investors should seek independent financial and legal advice. Tenancy runs to February 2027.
A rare opportunity to acquire a fully tenanted city centre apartment in one of Birmingham's most sought-after locations - ideally situated near Broad Street, with its wealth of bars, restaurants, and amenities on the doorstep.
The apartment occupies the second floor and benefits from a private balcony, two well-proportioned bedrooms, two bathrooms, and an allocated parking space - a combination that commands strong and consistent rental demand from young professionals and couples year-round.
With the tenancy running until February 2027 at £1,150 per month, the buyer will enjoy immediate rental income with no void period and no re-letting costs in the near term. Offered at an asking price of just £160,000, this represents exceptional value and a gross yield of 8.6% - a compelling proposition in any market.
Investment summary
Asking price
£160,000
Monthly income
£1,150
Annual income
£13,800
Gross yield
8.6%
Gross yield = annual rent ÷ purchase price. Does not account for service charges, management fees, or other costs. Investors should seek independent financial and legal advice. Tenancy runs to February 2027.
Mortgage calculator
Monthly repayment
£800 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (102 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review



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