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Swan Gardens, Birmingham, B23 6QQ

£60,000

Property Type
Flat
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Tenure
Leasehold
Agent
Let Property
Floor Area
431 sq ft
Price / sq ft
£139
Listed 8d agoUpdated 13h ago

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Price in context

Price Timeline

Listed 12 Aug 2026 at
£62,000
Reduced on 14 Aug 2026 to
£60,000
-3.2%(-£2,000)
Current price

Property Summary

This well-maintained 1-bedroom, 1-bathroom flat in Swan Gardens, Birmingham, offers a spacious lounge and a fully fitted kitchen with integrated appliances. The property benefits from shared private parking and is currently tenanted, generating a gross annual income of £9,000 with a strong rental yield of approximately 14.5%. Ideal for investors, the flat is leasehold with a 55-year ground lease and low ground rent of £20. The tenant is self-funded, compliant with the tenancy agreement, and has consistently paid rent since moving in within the last two years, providing immediate rental returns and a reliable income stream.

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