Summary -
Flat 801 Nexus Point,10, Edwards Road,BIRMINGHAM,B24 9EQ
B24 9EQ
2 bed 1 bath Flat
Immediate rental income from a modern two-bed with long lease and strong yield.
• Two bedrooms with open-plan lounge and modern kitchen
• Approximately 592 sq ft (small overall size)
• Current gross annual rental income £11,700 (tenant in situ)
• Approximate gross yield c.10.4% at asking price
• Long lease remaining (about 145 years)
• Fast broadband and excellent mobile signal
• Located in a very deprived area with very high crime rate
• Leasehold sale; buyers’ premium applies
This two-bedroom flat on Edwards Road is presented as a buy-to-let with a long-term tenant in situ, producing a gross annual rent of £11,700. At the asking price of £112,500 this equates to a gross yield of about 10.4%, making it a clear income-focused opportunity for investors seeking immediate returns.
The apartment offers an open-plan layout with a spacious lounge and a modern kitchen across approximately 592 sq ft. The building is contemporary in style and benefits from fast broadband and excellent mobile signal — practical for modern tenants. The lease has around 145 years remaining, reducing near-term leasehold risk for purchasers.
Important considerations are factual: the property is in a very deprived area with a very high local crime rate, which can affect tenant demand, insurance and resale. It is sold leasehold and currently occupied by long-standing tenants; acquiring the property means accepting the existing tenancy terms. A buyers’ premium is stated as part of the sale process and should be accounted for in total acquisition costs.
For an investor focused on cash flow, the flat is ready to add income immediately and suits portfolio growth or hands-off ownership. For other buyers, the social and area indicators suggest due diligence on local conditions and future exit strategy is essential.
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