Flaxley Road, Stechford And Yardley North, Birmingham
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Tenants in situ with immediate rental income
- Expected rent of £700 PCM from December 2026
- Attractive 8.44% projected gross yield
- Projected 7.11% net yield after service charge and ground rent
- Affordable £99,500 asking price
- 105 years remaining on the lease
Description
A fantastic opportunity to acquire a tenanted one-bedroom apartment in Birmingham, offering immediate rental income and strong investment fundamentals at an attractive sub-£100,000 price point.
Located within Flaxley Court, this leasehold apartment is being sold with tenants already in situ, making it an ideal turnkey addition to an existing portfolio or a straightforward first buy-to-let investment.
The property is scheduled to generate £700 PCM from December 2026, equating to an annual rental income of £8,400 and providing a projected gross yield of 8.44% at the asking price of £99,500. After the current service charge and ground rent, the property offers a projected net yield of 7.11%.
With 105 years remaining on the lease and an established tenancy already in place, investors can benefit from immediate income without the delays and costs associated with sourcing new tenants.
Investment properties at this price point with strong yields and tenants in situ are increasingly difficult to find, making this an excellent opportunity for landlords seeking reliable rental returns.
Financial Information
Asking Price: £99,500
Expected Rent: £700 PCM from December 2026
Annual Rental Income: £8,400
Gross Yield: 8.44%
Net Yield: 7.11%*
Lease Remaining: 105 Years
EPC Rating: D
- 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.
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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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Visit our security centre to find out moreDisclaimer - Property reference Apartment 2, Flaxley Court . 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.