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4 bedroom property for sale
Tintern Rd- £63,000 p.a Net Rent, Birmingham, B20
£315,000
Tintern Rd- £63,000 p.a Net Rent, Birmingham, B20
£315,000
Our Summary
- INVESTMENT OPPORTUNITY
- Cash buyers preferred
- This is an investment property and will be sold with the benefit of the social housing lease and is aimed at cash purchasers
Description
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Here is a summarized version of the property description in a single paragraph:
This freehold property is a high-yielding investment opportunity, producing a 20% net yield and a net rental income of £63,000 per annum. The property is let on a 7-year hands-off lease to a government-funded supported exempt accommodation provider, with a net rent of £52,506 per month. The tenant is responsible for all bills, Council Tax, and general internal repairs and maintenance, making this a hassle-free investment for the landlord. The property features 4 newly renovated and fully furnished en-suite bedrooms, an open-plan kitchen and dining area, and is located in Birmingham. With no void periods, no management fees, and no general maintenance required, this is an attractive opportunity for investors seeking consistent returns with minimal effort.