Income-producing city-centre apartment suited to buy-to-let investors.
Long-term tenant in situ producing £10,200pa gross rent
A city‑centre one‑bed flat in a modern tower on Holliday Street, offered with a long‑term tenant and immediate rental income. The current tenancy produces a gross annual income of £10,200, representing an approximate gross yield of 6.8% at the asking price of £150,000 — an attractive return for buy‑to‑let investors seeking hands‑off income.
The apartment is a well‑kept, average‑sized one‑bed home with lounge, kitchen and bathroom, set within a contemporary development. It benefits from fast broadband and excellent mobile signal, shared off‑street parking and close access to central Birmingham amenities, transport links and universities — features that support strong rental demand in this cosmopolitan student area.
Key practical points are the leasehold tenure, tenant in situ (longstanding and not intending to vacate), and a Buyers Premium payable to secure purchase. The neighbourhood is busy and classified as a high‑crime area, which may affect insurance costs and some buyer preferences. No private garden or significant external amenity is included.
Overall, this is a straightforward investment lot for serious investors or developers who want an income-producing, city‑centre flat with minimal immediate management needs and clear potential to re-let to students or professionals should circumstances change.
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