Exceptional yield for a city centre apartment @ £160,000 with rent of £1,150 pcm, this property delivers a gross yield of 8.6% — well above the UK average of around 5–6% for city centre flats. Rarely achievable in Birmingham's prime core. Currently tenanted — zero void period for new owner. Tenancy in place until February 2027 at £1,150 pcm (£13,800 p.a.). The buyer inherits an established, paying tenant with no re-letting costs or empty months ahead.

A rare opportunity to acquire a fully tenanted city centre apartment in one of Birmingham's most sought-after locations - ideally situated near Broad Street, with its wealth of bars, restaurants, and amenities on the doorstep.

The apartment occupies the second floor and benefits from a private balcony, two well-proportioned bedrooms, two bathrooms, and an allocated parking space - a combination that commands strong and consistent rental demand from young professionals and couples year-round.

With the tenancy running until February 2027 at £1,150 per month, the buyer will enjoy immediate rental income with no void period and no re-letting costs in the near term. Offered at an asking price of just £160,000, this represents exceptional value and a gross yield of 8.6% - a compelling proposition in any market.

Investment summary

Asking price
£160,000
Monthly income
£1,150
Annual income
£13,800
Gross yield
8.6%
Gross yield = annual rent ÷ purchase price. Does not account for service charges, management fees, or other costs. Investors should seek independent financial and legal advice. Tenancy runs to February 2027.