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6 bedroom property for sale
Marroway Street - 16.5% Net Yield, Edgbaston, Birmingham B16
£399,950
Marroway Street - 16.5% Net Yield, Edgbaston, Birmingham B16
£399,950
Our Summary
- The opa is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £66,000 per annum (£5,500 per month) and a remarkable 16
- Tenure & investment opportunity
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Freehold Investment Opportunity Generating Passive Income
Description
This impressive investment opportunity presents a substantial property in Birmingham's sought-after Edgbaston area, offering a net rental income of £66,000 per annum (£5,500 per month) and a remarkable 16.5% net rental yield. The property is fully tenanted under a 5-year lease to a reputable accommodation provider company, ensuring a hands-off investment with no void periods, no general maintenance, no council tax, and no bills. The property is freehold, with a new 5-year lease in place, and will be newly renovated throughout before completion. With excellent transport links and a growing city centre, Birmingham is an attractive location for investors, and this property offers a hassle-free investment model with consistent returns.