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3 bed terraced house
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Our Summary
- Strong investment Opportunity With Established Tenancy In Place
- DESCRIPTION The OPA is delighted to present this hands-off investment opportunity
- This well-presented three-bedroom terraced house offers an excellent investment opportunity, being leased to a housing provider, generating an immediate rental income of £1,400 per calendar month
- TENURE & INVESTMENT OPPORTUNITY • Freehold: The property is sold freehold with a 3-year lease in place
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Description
A well-presented three-bedroom terraced house is available for sale, located on Electric Avenue in a well-connected area of Birmingham. The property extends to approximately 753 sq. ft. and features an entrance hallway, spacious reception room, fitted kitchen, three well-proportioned bedrooms, family bathroom, and a rear garden. Located close to local shops, amenities, and transport links, the property benefits from excellent road connectivity to Birmingham City Centre and surrounding areas.
The property is sold freehold with a 3-year lease in place, generating a net rental income of £16,800 per annum (£1,400 per month).