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6 bedroom terraced house for sale
11% Net Yield, £33'000pa Net Rent, Moseley, Birmingham, B13
£300,000
11% Net Yield, £33'000pa Net Rent, Moseley, Birmingham, B13
£300,000
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, with a 5-year lease for £33,000 per annum, producing a 11% net yield. The property is a mid-terraced house with 6 bedrooms, each with en-suite facilities and tea stations. It has been newly renovated to a high standard, with central heating, double glazing, and mains integrated smoke/fire alarm protection. The property is freehold and will be sold with a new 5-year FRI lease. The tenant is responsible for bills, council tax, and most internal repairs and maintenance. Viewings are available through SBI Estates, and the property is being offered under their "Secure It Now Exclusivity Package" which includes a 2% buyer's fee and a legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe.