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Galilean 36 Ryland Street B16 8DB

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Gross yield of 8.6%
  • Let until February 2027 @ £1,150 pcm
  • Balcony
  • Allocated Underground Parking
  • Two Bedrooms
  • Two Bathrooms
  • 2nd Floor Apartment
  • Walking distance to the City and Edgbaston

Description

A rare opportunity to acquire a fully tenanted city centre apartment in one of Birmingham's most sought-after locations - ideally situated near Broad Street, with its wealth of bars, restaurants, and amenities on the doorstep.

The apartment occupies the second floor and benefits from a private balcony, two well-proportioned bedrooms, two bathrooms, and an allocated parking space - a combination that commands strong and consistent rental demand from young professionals and couples year-round.

With the tenancy running until February 2027 at £1,150 per month, the buyer will enjoy immediate rental income with no void period and no re-letting costs in the near term. Offered at an asking price of just £160,000, this represents exceptional value and a gross yield of 8.6% - a compelling proposition in any market.

Investment summary

Asking price
£160,000
Monthly income
£1,150
Annual income
£13,800
Gross yield
8.6%
Gross yield = annual rent ÷ purchase price. Does not account for service charges, management fees, or other costs. Investors should seek independent financial and legal advice. Tenancy runs to February 2027. 
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.
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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.
Off street
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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Galilean 36 Ryland Street B16 8DB

Approximate location

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Affordability

Monthly repayments£803
Property: £ 160,000
Deposit: £ 16,000
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Encasa, Olton

57 Warwick Road, Solihull, B92 7HS

Encasa have successfully built a reputation for providing outstanding customer service and consistent results. Our two branches are based on the Warwick Road, Olton, Solihull & Holloway Head, Birmingham City Centre.

Established in 2017, by colleagues Adrian & Iain, the business & its reputation has grown along with our specialist team who offer experience in a range of areas, from modern houses & luxury apartments to renovation projects, land and international markets. We are solely focussed on satisfying the professional needs of our clients, tenants, and buyers.

We cover a wide range of areas with a modern, bespoke approach & have over 45 years collective experience in Solihull and Birmingham markets.

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Disclaimer - Property reference 102782002211. 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 Encasa, Olton. 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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