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9 bedroom property for sale
Villa Rd-£70,000 p.a Net Guaranteed Rent, Birmingham, B19
£699,999
Villa Rd-£70,000 p.a Net Guaranteed Rent, Birmingham, B19
£699,999
Our Summary
- OPA are pleased to present this exceptional investment opportunity with a remarkable return
- • Hands Off Investment Opportunity
- Investment Opportunity:
Description
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Here is a summary of the property description in a single paragraph:
This is a superb, ready-made investment property located on Villa Road in Birmingham, comprising 9 units with en-suite facilities, sleeping/living areas, and worktops. The property is leased to a well-established housing provider tenant, generating a net rental income of £70,000 per annum, with a new 5-year lease to be granted to the new owner upon completion. The property is freehold and offers a hassle-free investment opportunity with no void periods, general maintenance, council tax, bills, or management fees. The tenant is responsible for bills, council tax, and general internal repairs and maintenance, ensuring a consistent rental income with no break clause in the lease. The property is under renovation and will be modernized throughout, with new electrical and gas certificates to be provided by completion.