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6 bed property
Reservoir Rd- 18.4% NET YIELD, Erdington, Birmingham, B23
£375,000
Reservoir Rd- 18.4% NET YIELD, Erdington, Birmingham, B23
£375,000
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £69,000 per annum (£5750 per month) and a remarkable 18
- TENURE & INVESTMENT OPPORTUNITY
- Confirm existence and nature of any known planning or proposals for development
- Cash buyers preferred
- Cash purchasers preferred
- Offering Capital Growth Potential Alongside Rental Returns
Description
This investment opportunity presents a hands-off semi-detached property in Birmingham, offering a remarkable 18.4% net rental yield and a guaranteed £69,000 per annum net rental income. The property is fully tenanted under a 7-year lease to a reputable accommodation provider company, ensuring a hassle-free investment model with no void periods, general maintenance, council tax, or bills. The tenant is responsible for all internal repairs and maintenance, allowing investors to maximize their net income with no additional management fees. The property is located in a sought-after area, close to Erdington high street and Birmingham City Centre, and is expected to benefit from the city's continued growth and regeneration. With a freehold title and a newly renovated interior, this property offers a secure and lucrative investment opportunity for those looking to capitalize on Birmingham's thriving property market.