Income-producing city flat with immediate rental return for busy investors.
1 bed, 495 sq ft leasehold flat with balcony and traditional layout
Current gross rental income £8,700 pa (approx 10.9% gross yield)
Long-term tenants in situ; not available with vacant possession
Private off-street driveway parking; front shared communal garden
Excellent mobile signal and fast broadband speeds
Located in very deprived area; local crime rate recorded as high
Buyers Premium applies on purchase—detail not provided
Leasehold tenure — remaining term and charges not specified
This one-bedroom leasehold flat on Ladywood Middleway is presented as a ready-made rental investment with long-term tenants in situ. The property is compact (c.495 sq ft) and arranged in a traditional layout with lounge, kitchen, bedroom, three-piece bathroom and a small balcony. It produces a current gross income of £8,700 per year, giving an approximate gross yield of about 10.9% at the asking price of £80,000.
Practical positives include private off-street driveway parking and a front shared garden, plus strong digital connectivity (excellent mobile signal and fast broadband) useful for modern tenants. The setting is inner-city and close to wide local amenities and transport links, which supports lettability to professionals and city workers.
Material considerations are straightforward and should be factored into any purchase decision: the property is leasehold (term and ground rent not provided), it sits in an area recorded as very deprived with a high crime rate, and the sale includes a Buyers Premium to secure purchase. The current tenants have expressed an intention to remain, so vacant possession is not available immediately.
For an investor seeking an income-producing city flat, this offers immediate cashflow and low management friction. For anyone needing to occupy the property, resale or future vacant possession could require negotiation with the sitting tenants and attention to lease details and local area issues.
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