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4 bedroom block of apartments for sale
Hermitage Rd- Block Of Flats, Erdington, Birmingham, B23
£275,000
Hermitage Rd- Block Of Flats, Erdington, Birmingham, B23
£275,000
Our Summary
- The OPA is delighted to present this ready-made investment opportunity, offering an rental income of £29,700
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Ready Made Investment Opportunity
Description
This property is a ready-made investment opportunity in Erdington, a suburb of Birmingham, offering a rental income of £29,700 per annum. The property is a freehold, end-terraced property with a courtyard to the side and rear, comprising three studios/bedsits and one bedroom flat, all refurbished to a good standard. The property benefits from excellent transport links, with Erdington rail station just under a mile and a half away, and local shopping facilities nearby. The tenants are in situ, with a rolling tenancy agreement, and the property is available for viewing. Birmingham is a popular city for investment, with a growing economy and property market, making this a great opportunity for investors.