>
7 bedroom house for sale
15% NET YIELD - £55,000 P.A NET RENT, Edgbaston , Birmingham , B16
£370,000
15% NET YIELD - £55,000 P.A NET RENT, Edgbaston , Birmingham , B16
£370,000
Our Summary
- Take advantage of this investment opportunity and generate passive income
- CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR DEVELOPMENT
- Cash buyers preferred
- Cash purchasers preferred
Description
<|start_header_id|>assistant<|end_header_id|>
Here is a summarized version of the property description in a single paragraph:
This charming investment property in Edgbaston, Birmingham, offers a 15% net yield and £55,000 per annum net rent. The property is fully let on a 7-year lease and has been newly refurbished with 6 en-suite bedrooms, an open-plan kitchen lounge, and a rear garden. With on-street parking, the property is located near the Edgbaston Reservoir and has easy access to public transport. The new owner will benefit from no void periods and a secure, hands-off investment with the tenant responsible for bills, maintenance, and repairs. The property is freehold and sold with tenants in situ, with a new 7-year lease to be granted from exchange of contracts.