£100,000
1 bed flat for saleClement Street, Birmingham, West Midlands B1
1 bed
1 bath
1 reception
EPC Rating: C
- Leasehold
Sold.co.uk
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About this property
1-Bedroom Apartment
Great Investment Opportunity
First Floor
Sold with Tenants in Situ
Open-Plan Kitchen/Living/Dining Room
Gross Rental Yield of 9.9%
City Centre Location
Ample Storage
102 Years Remaining on Lease
558 Sq. Ft
*** tenant in situ - investors only ***
This one-bedroom apartment on Clement Street, Birmingham presents an excellent investment opportunity with tenants already in situ generating a reliable monthly income. Currently achieving £825 per month in rent with a substantial 9.9% gross rental yield, this first-floor property offers immediate returns for the astute investor.
The apartment's layout includes a spacious open-plan kitchen/diner/living room, a generously-sized bedroom, and a well-appointed bathroom. The practical floor plan maximizes living space while providing all essential amenities for comfortable city living.
Located in Birmingham's vibrant B1 district, residents enjoy the convenience of being a stone's throw away from the city centre's extensive shopping, dining, and entertainment options. Major transport links are within easy walking distance, providing excellent connectivity throughout Birmingham and beyond for commuters.
With tenants already in place providing immediate rental income, this property requires minimal hands-on management and represents a turn-key investment opportunity. We strongly recommend viewing to appreciate the potential this apartment offers for investors looking to expand their portfolio with a high-yielding city centre property.
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More information
Tenure
Leasehold (102 years)
Service charge
£2,400 per year
Council tax band
E
Ground rent
£100
Ground rent date of next review