Warwick Road, Tyseley, Birmingham, B11 5 bed house for sale

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Warwick Road, Tyseley, Birmingham, B11 5 bed house for sale

Warwick Road, Tyseley, Birmingham, B11
£329,000

Our Summary

  • The OPA are pleased to present this exciting hands off investment opportunity, generating a phenomenal net rental income of £46,000 per annum (£3833
  • Cash buyers preferred

Description

This is a unique investment opportunity offering a phenomenal net rental income of £46,000 per annum and a staggering 14% net rental yield. The property is a mid-terrace house with five bedrooms, all with en-suite facilities, and a communal kitchen-lounge area. It is located in a popular area with easy access to local amenities, shops, schools, and public transport links. The property is let on a "hands-off" basis for 10 years, meaning no void periods, no maintenance or repairs, and no property management overheads or fees. The buyer will receive a new 10-year lease from completion, and the property is freehold. The asking price is not disclosed, but the buyer will need to pay a 2% buyer's fee, subject to a minimum fee of £3999, which is non-refundable unless the sale does not complete.
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