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2 bedroom property for sale
Oval Rd- 14% Net Yield - £23,000 p.a Net Rent, Birmingham, B24
£164,000
Oval Rd- 14% Net Yield - £23,000 p.a Net Rent, Birmingham, B24
£164,000
Our Summary
- A solid, long-term asset with full ownership and control—offering capital growth potential alongside rental returns
- The OPA is pleased to present this hands-off investment opportunity, offering an impressive net rental income of £23,000 per annum (£1,916
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Virtual Freehold (999-Year Lease) with Share of Freehold – A Prime Investment Opportunity
Description
This exceptional hands-off investment opportunity in Birmingham offers a strong and consistent income stream, generating £23,000 per annum (£1,916.66 per month) with a remarkable 14% net rental yield. The property is fully tenanted under a 7-year lease to a reputable accommodation provider company, with the tenant covering all operating costs, including rent, utility bills, council tax, and general repairs and maintenance. This results in minimal involvement from the landlord, making it an ideal investment for hands-off, high-yield seekers. The property is situated in the sought-after area of Erdington, with excellent transport links and connectivity to Birmingham city centre, and is sold with a new 999-year lease (virtual freehold) on a share of freehold basis. With no void periods, no general maintenance, no council tax, no bills, and no management fees, this investment offers a hassle-free and predictable income stream, making it an attractive opportunity for investors seeking a stress-free and lucrative investment in Birmingham.