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6 bedroom house for sale
Spring Hill - 19% NET YIELD, Erdington, Birmingham, B24
£347,000
Spring Hill - 19% NET YIELD, Erdington, Birmingham, B24
£347,000
Our Summary
- A solid, long-term asset with full ownership and control—offering capital growth potential alongside rental returns
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £66,000 per annum (£5,500 per month) and an exclusive 19% net rental yield
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Offering Capital Growth Potential Alongside Rental Returns
Description
This rare and exclusive investment opportunity presents a 19% net yielding hands-off property, fully let on a 7-year lease to a reputable accommodation provider. The property generates £66,000 per annum in net rental income, with the tenant covering all operating costs, including utility bills, council tax, and general repairs and maintenance. This results in zero property management costs and a guaranteed 19% net rental yield. The property is a three-storey Victorian end-of-terrace property in Erdington, Birmingham, with six en-suite bedrooms, communal areas, and a shared garden space. The location offers easy access to Erdington town centre and excellent public transport and road links to Birmingham City Centre. With a freehold title and a new 7-year lease in place, this property provides a hands-off investment opportunity with a strong and consistent income stream, ideal for investors seeking high-yield returns with minimal involvement.