Ryland Street, Birmingham
- PROPERTY TYPE
Apartment
- SIZE
314 sq ft
29 sq m
Key features
- Ground floor studio (314 sq ft) in Pioneer House, Birmingham city centre
- Currently let at £9,000 pa
- Net yield 7.4% with low outgoings: £1,606 service charge and £150 ground rent
- 103-year lease remaining, offering strong mortgageability and long-term security
- Prime location close to Colmore Business District, Jewellery Quarter, and Brindleyplace
Description
The property extends to approximately 314 sq ft and is offered with a well-designed open-plan layout, incorporating living, sleeping, and kitchen areas, along with a separate bathroom. Positioned on the ground floor, the apartment provides ease of access and strong rental appeal for young professionals seeking city-centre living.
The property is currently let at £750 per calendar month (£9,000 per annum), providing immediate rental income from day one. With service charge of £1,606 per annum and ground rent of £150 per annum, the property produces a net income of approximately £7,244 per annum, reflecting a net yield of circa 7.4% at the asking price of £97,500.
With approximately 103 years remaining on the lease, the property offers long-term security and is considered highly mortgageable, making it suitable for both seasoned and first-time investors.
Investment Highlights
£97,500 asking price
Ground floor studio apartment (314 sq ft)
Currently let at £750 pcm (£9,000 per annum)
Net income approx. £7,244 per annum
Net yield 7.4%
Service charge: £1,606 per annum
Ground rent: £150 per annum
103 years remaining on lease
City centre location with strong tenant demand
Location – Birmingham City Centre
Pioneer House is ideally positioned just outside Birmingham’s main business and retail core, offering excellent access to key employment hubs including the Colmore Business District, Brindleyplace, and the Jewellery Quarter. The location is particularly popular with young professionals working in finance, law, tech, and the wider service sector.
The property benefits from excellent transport connectivity, with Five Ways station and multiple tram and bus routes nearby, providing easy access across Birmingham and beyond. The development is also within walking distance of key leisure amenities, restaurants, bars, and the expanding Westside and Brindleyplace districts.
Birmingham continues to benefit from major regeneration and infrastructure investment, including the ongoing expansion of the city centre and the wider Midlands transport network. This sustained growth supports both rental demand and long-term capital appreciation.
Summary
This is a strong, low-entry investment opportunity in a high-demand central Birmingham location. With an established tenant in place, solid net yield, and long lease length, the property offers a reliable income stream and long-term potential, making it an attractive addition to any investment portfolio.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Ryland Street, Birmingham
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Visit our security centre to find out moreDisclaimer - Property reference pioneer house. 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.
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