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6 bedroom house for sale
Alleyne Rd-16.5% NET YIELD, Birmingham, B24
£399,999
Alleyne Rd-16.5% NET YIELD, Birmingham, B24
£399,999
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £66,0000 per annum (£5,500 per month) and a remarkable 16
- 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 property is a hands-off investment opportunity in Birmingham, offering a remarkable 16.5% net rental yield. The two-story property is fully tenanted under a 5-year lease to a reputable housing company, providing a guaranteed net rental income of £66,000 per annum (£5,500 per month). The property will be newly renovated throughout and features 6 en-suite bedrooms, each with a kitchenette/tea station and fully furnished. The location is excellent, with well-connected transport links and a sought-after area. The property is freehold, with no void periods, no general maintenance, no council tax, and no bills, making it a hassle-free investment opportunity. Birmingham is a popular place to invest, with a growing economy and property market, and this property offers a secure and consistent return on investment.