3 Bed Flat, Single Let, Birmingham, B16 8BP, £200,000

Ryland Street, Birmingham, B16 8BP - a month ago

Leasehold
BTL
ROI: 6%
~61 m²
+8 photos

ValuationOvervalued











Cashflows



































Property History

Listed for £200,000

February 20, 2025

Floor Plans

Description

  • Situated just off Broad Street, Bham City Centre +
  • Strong rental yield for investors +
  • Very reasonable service charges +
  • Lease being extended to 190 years +
  • No upward chain +
  • Double glazing and gas central heating +
  • Fitted kitchen with appliances +
  • Lounge with balcony +
  • Three well proportioned bedrooms +
  • Brand new family bathroom with shower +

*Immaculate Three Bedroom Upper Floor Apartment *Amazing City Centre Location Just Off Broad Street *Close To Brindley Place And The NIA *Easy Access To New Street Station/Grand Central *Refurbished Throughout *New Kitchen And Bathroom *Long Lease *Low Service Charges *Excellent Investment *NO UPWARD CHAIN. A great opportunity to acquire a well presented upper floor apartment in this sought after development just off Broad Street and Brindley Place. The location is great for couples and professionals with easy access to New Street Station, major road links including the A38, fantastic nightlife including Broad Street, the Jewellery Quarter, and Broadway Plaza. Birmingham also now operates a metro system with various stops throughout the city. The property is effectively in 'brand new' condition having undergone a program of renovation during the last couple of months. Smartly presented with neutral decor, new doors, and high quality carpets, it comes with a re-fitted kitchen (including oven, hob, washing machine, and fridge/freezer), and a stylish bathroom with a white suite and a shower over the bath. The property provides ample space for a family with three bedrooms or can work well for a professional couple requiring space for home working but using the third bedroom. It is also an ideal buy to let purchase providing a strong yield because of high demand in the area and very reasonable service charges.  The block comes with a parking area to the rear (permits granted by the local authority), communal drying areas and an intercom system. The current lease is in the process of being extended and is expected to have 190/195 years when completed. The service charge is only £360 per annum with a ground rent of £10 per annum. The accommodation, which benefits double glazing and a gas fired central heating sytem, briefly comprises: Entrance Hall Kitchen - 9f9t x 6ft11 Lounge - 16ft9 x 10ft9 Balcony Inner Hallway Bedroom One - 13ft3 x 10ft3 Bedroom Two - 10ft6 x 7ft4 Bedroom Three - 9ft9 x 6ft10 Bathroom - 7ft10 x 7ft5 EPC band: D Viewing of this terrific three bedroom property is highly recommended. Please book your viewing via the Yopa website or give our friendly head office team a call. Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, Midlands, South West & Wales

01202 145444

Next Steps?

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