Guide price
£137,000
2 bed flat for salePark Gate At Lyndon Place, Birmingham B26
2 beds
1 bath
About this property
Cash buyers only
Impressive 11% rental yield
Strong buy-to-let investment
Modern interior
Council Tax Band B
Ground Rent £11.83 pcm
Service Charge £165.25 pcm
Years On Lease - 242
A ready-made investment opportunity located within the well-established residential development of Park Gate at Lyndon Place, Birmingham, B26, with potential to generate around £1,250 pcm from reliable long-term tenants with no arrears history. Positioned within a consistently strong South Birmingham rental area, the property benefits from high tenant demand driven by excellent transport connectivity and proximity to key employment hubs.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 10%. Comparable rental properties within the B26 area are typically achieving between £1,200–£1,350 pcm for similar modern apartments and houses, supported by strong demand from professionals working at Birmingham Airport, nec, Jaguar Land Rover and surrounding business districts.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £7,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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More information
Tenure
Leasehold (242 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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