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5 bedroom property for sale
Perrott St - Impressive Net Yield Of 16% , Birmingham, B18
£339,950
Perrott St - Impressive Net Yield Of 16% , Birmingham, B18
£339,950
Our Summary
- A solid, long-term asset with full ownership and control—offering capital growth potential alongside rental returns
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £55,000 per annum (£4583
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
Description
This is a hands-off investment opportunity in Birmingham, offering a strong and consistent income stream with a 16% net rental yield. The property is let on a full 5-year lease to a reputable accommodation provider, trading since 2016, ensuring long-term income security with no break clause. The tenant is responsible for paying the rent, utility bills, council tax, and managing general repairs and maintenance, resulting in minimal involvement from the landlord. The property is freehold, with a new 5-year lease in place, and will be sold with a newly renovated interior. With no void periods, zero property management costs, and no general maintenance, this is an ideal investment for hands-off, high-yield seekers. The property is situated in a sought-after area with excellent transport links, and Birmingham is currently attracting significant investments and is recognized as the fastest growing UK city for property price growth.