4 bedroom apartment for sale

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4 bedroom apartment for sale

Hermitage Road, Erdington, Birmingham
£270,000

Our Summary

  • An excellent hands-off investment opportunity comprising a self-contained block of 4 bedrooms, currently operated under a supported living arrangement
  • Key Features:4 Bedroom Self-Contained BlockFully Let to a Supported Living ProviderGuaranteed Rent of £29,700 per AnnumLong-Term Agreement in PlaceNo Voids, No Management RequiredIdeal for Passive InvestorsCash Buyers OnlyLocation:Located on Hermitage Road in Erdington, a popular residential area in north Birmingham with strong rental demand and excellent access to local amenities

Description

This is a hands-off investment opportunity featuring a self-contained block of 4 bedrooms, currently operating under a supported living arrangement and generating a guaranteed rental income of £29,700 per annum. The property is fully let to a reputable housing provider on a long-term agreement, ensuring a steady income stream with no voids or management responsibilities. The accommodation is well-presented and suitable for ongoing use by supported living providers. Located in Erdington, Birmingham, the property benefits from strong rental demand and excellent access to local amenities and transport links, making it an ideal investment for passive investors. The property is available for cash buyers only and is being sold on a freehold tenure.