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.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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