Woodbrooke Grove, Birmingham
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
665 sq ft
62 sq m
Key features
- A bright, open-plan modern apartment
- Long term growth potential
- Net Yield: 6.6%
- Ready-made investment opportunity
- Proven rental location
Description
Currently let at £1,095 pcm (£13,140 pa), after accounting for service charge (£2,400 pa) and ground rent (£200 pa), the net income is £10,840 pa, equating to an attractive net yield of 6.6%.
The apartment benefits from an EPC rating of C, ensuring good energy efficiency and helping to future-proof the investment against tightening rental regulations.
Investment Highlights
Price: £160,000
Size: Approx. 665sqft
Lease: Approx. 105 years remaining
Current Rent: £1,095 pcm
Net Yield: 6.6%
Service Charge: £2,400 pa
Ground Rent: £200 pa
EPC: C
Tenure: Leasehold
Area & Investment Info
Situated in Northfield, this property benefits from a well-established residential location in South Birmingham, popular with tenants seeking affordability and connectivity. The area continues to attract strong tenant demand due to its balance of value and accessibility, with good transport links into Birmingham city centre and nearby employment hubs. Rental demand is underpinned by a mix of professionals, families, and students, ensuring consistent occupancy levels.
With property values in the wider B31 postcode remaining relatively affordable compared to central Birmingham, investors benefit from a lower entry point while still capturing solid rental yields. The area has also demonstrated steady long-term capital growth, making it an attractive option for those seeking both income and appreciation.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Woodbrooke Grove, Birmingham
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Visit our security centre to find out moreDisclaimer - Property reference 30-woodbrooke. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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