2 bedroom apartment

St Francis Drive, Birmingham B30 3PS

Size: sqm

Purchase price

£140,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £8,340
Ground rent £153
Service charge £1,680
Net income £6,507
Gross yield 5.96%
Net yield 4.65%

yieldit are pleased to bring to the market this tenanted buy-to-let investment opportunity, yielding 4.65% NET with scope to increase this to an impressive 5.5%. The beautifully kept two-bedroom apartment forms part of an attractive purpose-built block set in a peaceful residential area in the sought-after area of Kings Norton. The property includes a spacious entrance hallway; living area with several double-glazed windows providing plenty of natural light; fully-fitted kitchen; handy storage areas; two well-proportioned bedrooms; family bathroom and an allocated parking space.

St Francis Drive is in a brilliant location with all of the everyday amenities and well-regarded schools easily accessible in the surrounding area. It offers the perfect retreat from the hustle and bustle of the city, where residents can enjoy some of the best of Birmingham’s scenery whilst still remaining within easy reach of the city centre which is just 6.5 miles away. The area is extremely well connected with fast and frequent bus and train services available from Pershore Road and is just a few minutes drive from the M40/M42 for commuting or travelling further afield.

Property in Kings Norton is an excellent investment, it’s an ever popular residential area amongst families thanks to it’s good schooling, commuters due to it’s convenient travel links and students and graduates with The University of Birmingham being just 3 miles away so rental properties will always be in high demand. In addition to this, property prices have increased by 7% since 2019 (Rightmove) and the city of Birmingham is forecast for a billion pound boost in it’s economy by 2023 which means now is the perfect opportunity to invest.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT PROPERTY! Beautifully kept two bedroom apartment on the second floor of an attractive purpose-built block with allocated parking space in Birmingham.

Interested in this property? Enquire today for more information

Key features

Key features

Buy-to-let investment

Key features

Tenanted until October

Key features

Yielding a fantastic 4.65% NET

Key features

Two good-sized bedrooms

Key features

Extremely well kept throughout

Key features

Bright and airy open plan living area

Key features

Fully-fitted kitchen

Key features

Allocated parking space

Key features

Popular residential location

Key features

Excellent transport links

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS TENANTED INVESTMENT PROPERTY! Beautifully kept two bedroom apartment on the second floor of an attractive purpose-built block with allocated parking space in Birmingham. More info...

yieldit are pleased to bring to the market this tenanted buy-to-let investment opportunity, yielding 4.65% NET with scope to increase this to an impressive 5.5%. The beautifully kept two-bedroom apartment forms part of an attractive purpose-built block set in a peaceful residential area in the sought-after area of Kings Norton. The property includes a spacious entrance hallway; living area with several double-glazed windows providing plenty of natural light; fully-fitted kitchen; handy storage areas; two well-proportioned bedrooms; family bathroom and an allocated parking space.

St Francis Drive is in a brilliant location with all of the everyday amenities and well-regarded schools easily accessible in the surrounding area. It offers the perfect retreat from the hustle and bustle of the city, where residents can enjoy some of the best of Birmingham’s scenery whilst still remaining within easy reach of the city centre which is just 6.5 miles away. The area is extremely well connected with fast and frequent bus and train services available from Pershore Road and is just a few minutes drive from the M40/M42 for commuting or travelling further afield.

Property in Kings Norton is an excellent investment, it’s an ever popular residential area amongst families thanks to it’s good schooling, commuters due to it’s convenient travel links and students and graduates with The University of Birmingham being just 3 miles away so rental properties will always be in high demand. In addition to this, property prices have increased by 7% since 2019 (Rightmove) and the city of Birmingham is forecast for a billion pound boost in it’s economy by 2023 which means now is the perfect opportunity to invest.

  • Key features
    Tick Desktop Buy-to-let investment
    Tick Desktop Tenanted until October
    Tick Desktop Yielding a fantastic 4.65% NET
    Tick Desktop Two good-sized bedrooms
    Tick Desktop Extremely well kept throughout
    Tick Desktop Bright and airy open plan living area
    Tick Desktop Fully-fitted kitchen
    Tick Desktop Allocated parking space
    Tick Desktop Popular residential location
    Tick Desktop Excellent transport links
  • LocationLocation
  • EPCEPC

*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 £8,340
Ground rent £153
Service charge £1,680
Net income £6,507
Gross yield 5.96%
Net yield 4.65%

*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.