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6 bedroom property for sale
Alleyne Rd - 18.4% NET YIELD, Birmingham, B24
£375,000
Alleyne Rd - 18.4% NET YIELD, Birmingham, B24
£375,000
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £69,000 per annum (£5,750 per month) and a remarkable 18
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Freehold Hands Off Investment Opportunity
Description
This is a hands-off investment opportunity in Birmingham, offering a remarkable 18.4% net rental yield and a guaranteed £69,000 per annum (£5,750 per month) net rental income. The property is a two-story, fully tenanted, and newly renovated with six en-suite bedrooms, each with a kitchenette/tea station. The property is freehold with a 5-year lease to a reputable housing company, and the tenant is responsible for bills, council tax, and most internal repairs and maintenance. The property is located in a sought-after area with excellent transport links, and Birmingham is currently experiencing significant growth and regeneration, making it an attractive investment opportunity.