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6 bedroom terraced house for sale
16.5% NET YIELD, £65'000 P.A NET RENT Brook Lane, Birmingham, B13
£399,999
16.5% NET YIELD, £65'000 P.A NET RENT Brook Lane, Birmingham, B13
£399,999
Our Summary
- DESCRIPTION Would you like a hands off investment opportunity
- Here are the benefits for you: * Secure your dream property straight away * Properties are realistically priced * Similar to a "normal" or "conventional" sale with a few measures to protect the buyer and the seller * Focuses on speed * Mortgage buyer friendly * Suitable for first time buyer * Mortgage buyers and cash buyers compete on equal terms * No competitive bidding * No risk of being gazumped * Minimises risk of fall throughs Secure It Now Exclusivity Package - How does it work
Description
This is a hands-off investment opportunity in a popular residential area of Birmingham, offering a 5-year lease with a 16.5% net yield. The property is a deceptively spacious, newly renovated mid-terraced house with 6 bedrooms, each with en-suite facilities and tea stations. It features parking to the front, central heating, double glazing, and modern amenities. The property is located within walking distance to Moseley and Kings Heath High streets, making it a highly desirable place to live and invest. The tenant is responsible for bills, council tax, and most internal repairs and maintenance, and there is no break clause in the lease. The property is being offered under SBI estates' "Secure It Now Exclusivity Package," which allows buyers to secure the property with a 2% fee, ensuring a fast and secure sale.