Ridley Street, Birmingham, B1 1
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
560 sq ft
52 sq m
Key features
- One bedroom
- Secure Parking Space
- EPC Rating : B
- Excellent transport Links
- Fantastic Gross Yield 7.41%
- Tenant in Situ paying £895 pcm
- Modern bathroom
Description
An excellent opportunity to purchase this one-bedroom apartment in Ridley House. Situated on the third floor, the property benefits from secure allocated parking and is being sold with a tenant already in situ, currently paying £895 per calendar month.
Location
Ridley House is ideally positioned for access to local amenities, transport links and the surrounding area. Its location makes it a practical choice for tenants looking for convenient access to everyday facilities and commuter routes.
Inside
The apartment offers well-proportioned accommodation, comprising a welcoming living space, fitted kitchen, double bedroom and bathroom. Positioned on the third floor, the property provides comfortable apartment living and represents an attractive addition to an investment portfolio.
Outside
The property benefits from a secure allocated parking space, an appealing feature for tenants and an added benefit when considering the property's rental potential.
Investment Opportunity
The apartment is being sold with a tenant in situ, currently paying £895 PCM, providing an established rental income from completion, subject to the terms of the existing tenancy.
Based on the current rental income, the property offers an approximate gross rental yield of 7.41% per annum.
- 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.
- Allocated
- 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
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference RX858107. 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 Miller Rose, Birmingham. 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.