1 bedroom apartment

Devonshire House, 40 Charles Street, Birmingham, B3 2AT

Size: 46.5 sqm

Purchase price

£135,000

Size: 46.5 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,800
Ground rent £200
Service charge £1,411
Lettings fees £748
Net income £5,441
Gross yield 5.78%
Net yield 4.03%

This Simply Stunning One Bedroom Apartment Is Located In The Heart Of Birmingham City Centre! Ideal For Investment Offering a Near 5% NET Yield.


​Devonshire House sits close to Birmingham city centre, providing 48 apartments and duplexes to the oversubscribed local rental market. Residents can enjoy the large, modern apartments as well as the local amenities and transport options which are both excellent. The area is pleasant and includes a lot of green space which contributes to a peaceful atmosphere.

Birmingham itself is Britain’s second largest city and home to more than one million people. It is a well-known business destination and cultural centre which is very attractive to professionals looking for a cosmopolitan lifestyle outside the Capital. Birmingham has some of the highest tenancy rates in the UK and is experiencing impressive population growth which is boosting the housing market year after year. Developments like Devonshire House are becoming more popular all the time as the supply of high quality rental accommodation continues to get swamped by the overwhelming demand.

Statistically Britain’s second largest city with a population of over 1 million, Birmingham is one of the most youthful cities in Europe, with nearly 40% of its inhabitants aged under 25, ensuring that it is constantly at the forefront of culture, technology and business.

Interested in this property? Enquire today for more information

Key features

Key features

One Bedroom Apartment

Key features

Fantastic Location

Key features

Double Glazed

Key features

Fifth Floor

Key features

Fully Furnished

Key features

Shops, Bars And Restaurants Nearby

Key features

Birmingham City Centre

This Simply Stunning One Bedroom Apartment Is Located In The Heart Of Birmingham City Centre! Ideal For Investment Offering a Near 5% NET Yield. More info...

​Devonshire House sits close to Birmingham city centre, providing 48 apartments and duplexes to the oversubscribed local rental market. Residents can enjoy the large, modern apartments as well as the local amenities and transport options which are both excellent. The area is pleasant and includes a lot of green space which contributes to a peaceful atmosphere.

Birmingham itself is Britain’s second largest city and home to more than one million people. It is a well-known business destination and cultural centre which is very attractive to professionals looking for a cosmopolitan lifestyle outside the Capital. Birmingham has some of the highest tenancy rates in the UK and is experiencing impressive population growth which is boosting the housing market year after year. Developments like Devonshire House are becoming more popular all the time as the supply of high quality rental accommodation continues to get swamped by the overwhelming demand.

Statistically Britain’s second largest city with a population of over 1 million, Birmingham is one of the most youthful cities in Europe, with nearly 40% of its inhabitants aged under 25, ensuring that it is constantly at the forefront of culture, technology and business.

  • Key features
    Tick Desktop One Bedroom Apartment
    Tick Desktop Fantastic Location
    Tick Desktop Double Glazed
    Tick Desktop Fifth Floor
    Tick Desktop Fully Furnished
    Tick Desktop Shops, Bars And Restaurants Nearby
    Tick Desktop Birmingham City Centre
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £7,800
Ground rent £200
Service charge £1,411
Lettings fees £748
Net income £5,441
Gross yield 5.78%
Net yield 4.03%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.