Summary - 42 APARTMENT 98 RYLAND STREET BIRMINGHAM B16 8BZ
1 bed 1 bath Apartment
Chain-free studio with long lease and parking permit — strong city rental potential.
Long lease: 104 years remaining
A compact, chain-free studio apartment offering straightforward city-centre rental potential. The flat sits on Ryland Street with secure entry, lift access and a residents’ parking permit — practical features for short-let or long-let tenants. With 104 years remaining on the lease and an advertised gross yield around 8–10%, this is principally an investor opportunity in a busy student and professional rental market.
Internally the layout is open-plan (lounge/kitchen/bedroom) with a separate shower room, storage in the hallway and double glazing. The building is a late-1990s/early-2000s development with low-maintenance communal areas. Transport links are strong: Broad Street, Brindley Place and New Street Station are all within easy reach, which supports consistent tenant demand.
Buyers should note the apartment is small at approximately 337 sq ft and uses electric room heaters rather than a communal gas system. Service charges average about £1,920 per year (£160 pcm) and ground rent is £150 per year; these running costs affect net returns and should be factored into rental projections. The immediate area is an inner-city, multicultural and student-dominated neighbourhood with pockets of deprivation — ideal for short-term rental demand but less suited to buyers seeking quiet suburban living.
This unit suits investors seeking a low-entry, city-centre asset with a long lease and parking permit. It will also appeal to first-time buyers wanting a lock-up-and-leave city-base, provided they accept the small footprint, electric heating and the ongoing service charge and ground rent obligations.
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