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10 bedroom block of apartments for sale
Oval Rd - Detached Block Of Flats-15% Net Yield, Erdington , Birmingham, B24
£730,000
Oval Rd - Detached Block Of Flats-15% Net Yield, Erdington , Birmingham, B24
£730,000
Our Summary
- A solid, long-term asset with full ownership and control—offering capital growth potential alongside rental returns
- TENURE & INVESTMENT OPPORTUNITY
- AGENT NOTES – Cash buyers preferred
- Cash buyers preferred
- Cash purchasers preferred
- No Voids Periods, No Headache, No Hassle, Armchair Investment Opportunity
Description
This investment property is a 15% NET YIELD freehold detached block of 4 self-contained flats, generating £110,000 Net Rent Per Annum on a 7-year hands-off lease to a reputable housing provider. The property is fully tenanted, with the tenant responsible for paying the rent, utility bills, council tax, and managing general repairs and maintenance, resulting in minimal involvement from the landlord. The property is newly renovated throughout, located in a sought-after area of Birmingham with excellent transport links and connectivity. The investment highlights include no void periods, no general maintenance, no council tax, and no bills, making it an attractive opportunity for hands-off, high-yield seekers.