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4 bedroom property for sale
Oval Road - £45,000 P.A Net Rent, Birmingham, B24
£299,000
Oval Road - £45,000 P.A Net Rent, Birmingham, B24
£299,000
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 £45,000 per annum (£3,750 per month) and a remarkable 15% net rental yield
- 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 offers a strong and consistent income stream generating £3,750 per month, with a 15% net rental yield. The property is a 4-bedroom flat, fully tenanted under a 7-year lease to a reputable accommodation provider company, with the tenant responsible for all operating costs, including rent, utility bills, council tax, and maintenance. The property will be newly renovated throughout before completion, and is situated in the sought-after area of Erdington, Birmingham, with excellent transport links and connectivity to the city centre. The investment highlights include zero property management costs, no void periods, and a guaranteed net rental income of £45,000 per annum. With a share of freehold title and a new 999-year lease, this property offers a solid, long-term asset with full ownership and control, providing capital growth potential alongside rental returns.