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5 bed end of terrace house
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Price History
Our Summary
- DESCRIPTION The OPA is delighted to present a rare investment opportunity offers a completely hands-off income stream, ideal for investors seeking security and simplicity
- TENURE & INVESTMENT OPPORTUNITY Hands Off Investment Leased To Accommodation Provider On 5 Year Lease From January 2025
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Description
The property is a freehold end-terrace property in the Handsworth area of Birmingham, arranged over three floors with five bedrooms, including an attic conversion, a living room, kitchen, bathroom, and guest WC. The property has a pleasant, low-maintenance rear garden. It is leased to a social housing accommodation provider on a five-year lease that commenced in January 2025, generating a guaranteed net rental income of £1,400 per calendar month (£16,800 per annum).
The property benefits from being fully managed by the accommodation provider, who assumes responsibility for repairs, maintenance, and management, making it a truly passive investment with no day-to-day landlord involvement. The property has a standard construction and is served by mains electricity, gas, water, and sewage, with gas central heating and on-street parking available.