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Sold.co.uk - London

* TENANTS IN SITU - INVESTORS ONLY * This well-presented two-bedroom apartment on Ryland Street, Birmingham presents an excellent investment opportunity. Currently tenanted and generating a healthy 8.36% yield with £1,150 monthly rental income, this modern apartment offers both immediate returns and long-term investment potential. The apartment's layout includes a spacious open-plan kitchen/living room spanning over 26 feet in length, perfect for modern living. Two well-proportioned bedrooms are complemented by a family bathroom and an en-suite to the main bedroom. The property benefits from a contemporary finish throughout, making it an attractive proposition for the rental market. Located in Birmingham's vibrant city centre, the property enjoys excellent proximity to key amenities. The apartment is within walking distance of Birmingham's business district, shopping areas, and entertainment venues. Major transport links including Birmingham New Street station are easily accessible, making it ideal for professionals seeking city centre living. Currently tenanted and providing immediate rental income, this property represents a sound investment opportunity in Birmingham's thriving rental market. The established rental history and desirable location make this an attractive proposition for investors. Early viewing is strongly recommended to appreciate the investment potential fully.

Property reference SLD250220. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Sold.co.uk - London.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on January 7, 2022

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on November 3, 2016 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

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Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.
The remaining length of the lease may affect your ability to obtain a mortgage.

Tenure

Ground rent is paid under the terms of a lease to the owner of the land on which the property is built. If you do not know the ground rent, review period & conditions of review, you will be unaware of the additional costs that you may have to pay. These charges may also increase. Ground rent will not be charged for new leases granted from 30 June 2022 in England and Wales.

Ground rent

Service charges are the contribution towards the maintenance of shared amenities. If you do not know the amount, review period and conditions of review you will be unaware of the additional costs that you may have to pay. These charges may also increase.

Service charge

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

2 bedroom flats for sale in Birmingham and surroundings

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Apartment on Ryland Street for sale

2 bedroom apartment for sale

St John's & St Peter's CofE Academy

Nelson Junior and Infant School

City United Academy (CUA)

Five Ways (Midland Metro Stop)

Brindleyplace (Midland Metro Stop)

Edgbaston Village (Midland Metro Stop)

* TENANTS IN SITU - INVESTORS ONLY *This well-presented two-bedroom apartment on Ryland Street, Birmingham presents an excellent investment opportunity. Currently tenanted and generating a healthy 8.36% yield with £1,150 monthly rental income, this modern apartment offers both immediate returns...

2 bedroom apartment for sale

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