GROSS RENT PER ANNUM
Rent per annum is the total sum of annual income before expenses, charges or voids.
GROSS RENTAL YIELD
Gross rent per annum divided by the purchase price.
NET RENT PER ANNUM
Gross rent per annum minus fully managed operating costs.
NET RENTAL YIELD
Gross rent per annum minus fully managed operating costs divided by the purchase price.
FULLY MANAGED OPERATING COSTS
The total estimated sum of expenses calculated annually assuming a fully managed service.
Click to understand assumptions.
Profit & Growth
ANNUAL (PRE-TAX) PROFIT
Annual (pre-tax) profit is your annual net cash flow that is calculated by subtracting your estimated fully managed operating costs and your mortgage repayment costs from your gross rent annually.
Click to understand assumptions.
HPI GROWTH (PREV 5 YRS)
The House Price Index (HPI) is the average property value change based on the previous 5 years from Zoopla House Prices & Values.
This information is for illustration purposes only and does not constitute advice. It is correct at the time of writing. For advice specific to your personal circumstances, please speak to a financial adviser.
1 reception room
Length of lease: 125 years from March 2003
Ground rent: TBC
Service charge: TBC
Documents available on request, please contact for viewings or further questions.
The information relating to the property is supplied by the vendor and the latest available at the date of listing.
Certain information may expire or become inaccurate over time and should be verified by the purchaser’s solicitor.
Birmingham is the second largest city in the UK and boasts a population close to four million and is still growing rapidly. This metropolitan city can be found in the West Midlands, around 120miles north west of London.
Due to its central location within the country, Birmingham has fantastic travel routes via the motorway, rail and even canal networks. Major motorway routes such as the M5, M6, M40 and M42 all pass through Birmingham connecting it to all parts of the nation.
Birmingham has a busy extensive rail network system. The busiest station is Birmingham New Street, which is actually the busiest station outside of London and offers Virgin fast trains to London Euston, Glasgow Central and Edinburgh Waverley.
Also, soon to be home to the High Speed 2 rail link, which will stop at Birmingham’s Curzon Street railway station and offer a service to central London in under 50minutes as well as other routes around the country. Travelling around within the city couldn’t be easier as Birmingham has one of the busiest urban rail systems and urban bus systems outside of London, capable of taking you to any desired location in and around the city.
Birmingham is home to many amazing job opportunities through many well-known employers, such as; National Express, Lloyds Banking Group, RBS, Whitbread, Jaguar and Rolls Royce to name a few.
This location could be perfect for a young family looking for local education options. The apartments are a convenient 5minute walk from St Thomas Children’s Centre and less than ten minutes from two other co-ed primary schools; St Thomas C of E Academy and Saint Catherine of Siena Roman Catholic Primary School.
Birmingham is home to five major universities and has the highest population of students in higher education outside of London.
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