Brindley House, Birmingham (25 apartments)

1 / 4
Acquired Feb 2020
Bedrooms 2
Bathrooms 2
Value £4,805,000
Monthly rent £20,195
Net rental yield 3.3%
Yield information

Located just 300 yards from St Paul’s Square, Brindley House is a 17 storey building under constructed in the 1970s as an office space.

The property was converted in 2008 to residential flats, of which there are 182 in total. We acquired 25 flats within the development to add to our existing 3, giving a total of 28 Brindley House flats held by the Regional Capitals fund.

The flats benefits from en-suites as well as family bathrooms, as well as open plan kitchens and modern bathroom suites.

Part of the Regional Capitals fund

Portfolio value £22.6m
Gross rental income per month £104,320 *
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*Past performance is not a reliable indicator of future returns. Learn more about these figures.

Capital at risk

As with all investing, your capital is at risk. You may not be able to sell your investment within a reasonable timeframe. Investments are made through REITs. Rental yields and dividends may be lower than estimated.

You should note that tax treatment depends on the individual circumstances of each customer and may be subject to change in future. Bricklane does not give financial advice. If you are unsure about whether investment is right for you, you should seek independent advice before investing, including tax advice.