28 bedroom property for sale

>

28 bedroom property for sale

Handsworth Wood Road, Handsworth Wood, Birmingham B20
£1,675,000

Our Summary

  • The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £335,000 per annum £ 27,916
  • TENURE & INVESTMENT OPPORTUNITY
  • Confirm existence and nature of any known planning or proposals for development
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This impressive investment property offers a 20% net rental yield, generating £335,000 per annum, or £27,916.66 per month, through a 7-year hands-off lease to a reputable accommodation provider company. The property consists of 28 newly renovated ensuite units, each featuring a kitchenette, tea station, and full furnishings. With a high-spec modern bathroom and fully fitted communal kitchen, this turnkey property requires no additional works. Located in Birmingham, the property benefits from excellent transport links and a sought-after area. The tenant is responsible for all general internal repairs and maintenance, bills, council tax, and most internal repairs and maintenance, ensuring a hassle-free investment experience. With no void periods, no general maintenance, no council tax, no bills, and no management fees, this investment opportunity is ideal for those seeking consistent returns without the complexities of day-to-day management.