2 bedroom apartment

Abacus Building, 1 Warwick Street, Birmingham

Size: sqm

Purchase price

£180,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,000
Ground rent £150
Service charge £1,500
Net income £7,350
Gross yield 5%
Net yield 4.08%

yieldit are pleased to bring to the market this spectacular investment opportunity yielding above 4% NET. The apartment is situated on the first floor of the modern and purpose-built Abacus Building in the heart of Birmingham’s thriving city centre, providing the perfect retreat for those wanting a peaceful base whilst still being a stones throw from everything this vibrant city has to offer. The property features an open plan living area with Juliet balcony providing lots of natural light; a fully-fitted kitchen; two spacious and carpeted double bedrooms; family bathroom with three-piece suite and shower over bath. Residents have the added bonus of secure allocated parking.

The property is nestled in the area of Digbeth, an up and coming area which is becoming increasingly popular amongst young professionals and renters due to it’s attractive social scene and convenient central location. New Street is just a 10-minute walk, home to a variety of big retailers and New Street Station which is the central hub of the British railway system and recently benefitted from £550million redevelopment to upgrade it’s facilities. In addition to this, the soon to be completed HS2 station at Curzon Street is within walking distance meaning that transport links are unrivalled.

The city of Birmingham is a fantastic choice for property investment, thanks to several years of regeneration and opportunities young professionals are constantly drawn there which provides investors with a large tenant market and strong demand. Property prices have increased by 44% in the last decade whilst still remaining affordable compared with other cities such as London, meaning it’s a good candidate for capital growth. It’s growth is only set to continue with The Big City plan which will encourage and support it’s vision to become a world class city centre which will create over 50,000 jobs and contribute £2.1 billion to the economy each year.

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent two bedroom first floor apartment with parking in the city of Birmingham, don't miss out and enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Fantastic yield above 4% NET

Key features

One large double bedroom

Key features

Spacious open plan living area

Key features

Juliet balcony

Key features

Located on the first floor

Key features

Popular central development

Key features

Unrivalled location and transport links

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS TENANTED INVESTMENT OPPORTUNITY! An excellent two bedroom first floor apartment with parking in the city of Birmingham, don't miss out and enquire today! More info...

yieldit are pleased to bring to the market this spectacular investment opportunity yielding above 4% NET. The apartment is situated on the first floor of the modern and purpose-built Abacus Building in the heart of Birmingham’s thriving city centre, providing the perfect retreat for those wanting a peaceful base whilst still being a stones throw from everything this vibrant city has to offer. The property features an open plan living area with Juliet balcony providing lots of natural light; a fully-fitted kitchen; two spacious and carpeted double bedrooms; family bathroom with three-piece suite and shower over bath. Residents have the added bonus of secure allocated parking.

The property is nestled in the area of Digbeth, an up and coming area which is becoming increasingly popular amongst young professionals and renters due to it’s attractive social scene and convenient central location. New Street is just a 10-minute walk, home to a variety of big retailers and New Street Station which is the central hub of the British railway system and recently benefitted from £550million redevelopment to upgrade it’s facilities. In addition to this, the soon to be completed HS2 station at Curzon Street is within walking distance meaning that transport links are unrivalled.

The city of Birmingham is a fantastic choice for property investment, thanks to several years of regeneration and opportunities young professionals are constantly drawn there which provides investors with a large tenant market and strong demand. Property prices have increased by 44% in the last decade whilst still remaining affordable compared with other cities such as London, meaning it’s a good candidate for capital growth. It’s growth is only set to continue with The Big City plan which will encourage and support it’s vision to become a world class city centre which will create over 50,000 jobs and contribute £2.1 billion to the economy each year.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Fantastic yield above 4% NET
    Tick Desktop One large double bedroom
    Tick Desktop Spacious open plan living area
    Tick Desktop Juliet balcony
    Tick Desktop Located on the first floor
    Tick Desktop Popular central development
    Tick Desktop Unrivalled location and 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 £9,000
Ground rent £150
Service charge £1,500
Net income £7,350
Gross yield 5%
Net yield 4.08%

*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.