Studio flat · B16 8BZ
For saleListed 150 days
Opportunity summary
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About
A well-presented ground floor studio apartment situated within the popular Pioneer House development on Ryland Street, offering a strong entry-level investment opportunity in the heart of Birmingham city centre.
The property extends to approximately 314 sq ft and is offered with a well-designed open-plan layout, incorporating living, sleeping, and kitchen areas, along with a separate bathroom.
Positioned on the ground floor, the apartment provides ease of access and strong rental appeal for young professionals seeking city-centre living.
The property is currently let at £750 per calendar month (£9,000 per annum), providing immediate rental income from day one.
With service charge of £1,606 per annum and ground rent of £150 per annum, the property produces a net income of approximately £7,244 per annum, reflecting a net yield of circa 7.4% at the asking price of £97,500.
With approximately 103 years remaining on the lease, the property offers long-term security and is considered highly mortgageable, making it suitable for both seasoned and first-time investors.
Investment Highlights £97,500 asking price Ground floor studio apartment (314 sq ft) Currently let at £750 pcm (£9,000 per annum) Net income approx.
£7,244 per annum Net yield 7.4% Service charge: £1,606 per annum Ground rent: £150 per annum 103 years remaining on lease City centre location with strong tenant demand Location – Birmingham City Centre Pioneer House is ideally positioned just outside Birmingham’s main business and retail core, offering excellent access to key employment hubs including the Colmore Business District, Brindleyplace, and the Jewellery Quarter.
The location is particularly popular with young professionals working in finance, law, tech, and the wider service sector.
The property benefits from excellent transport connectivity, with Five Ways station and multiple tram and bus routes nearby, providing easy access across Birmingham and beyond.
The development is also within walking distance of key leisure amenities, restaurants, bars, and the expanding Westside and Brindleyplace districts.
Birmingham continues to benefit from major regeneration and infrastructure investment, including the ongoing expansion of the city centre and the wider Midlands transport network.
This sustained growth supports both rental demand and long-term capital appreciation. Summary This is a strong, low-entry investment opportunity in a high-demand central Birmingham location.
With an established tenant in place, solid net yield, and long lease length, the property offers a reliable income stream and long-term potential, making it an attractive addition to any investment portfolio.
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Fully managed lettings and property management service Comprehensive coverage throughout England and Wales One team, one fee across your full portfolio Rental income protection available Transfer your existing properties quickly and easily If you would like to find out more about our lettings and property management service, or discover how much we could save you each month, please contact our team
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Ryland Street, Birmingham
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