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5 bedroom terraced house for sale
17% NET YIELD - £68,000 P.A NET RENT, Erdington, Birmingham, B23
£399,950
17% NET YIELD - £68,000 P.A NET RENT, Erdington, Birmingham, B23
£399,950
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £68,000 per annum (£5,666
- TENURE & INVESTMENT OPPORTUNITY
- Cash buyers preferred
- Cash purchasers preferred
Description
This is a lucrative investment opportunity, offering a massive 17% net rental yield and a guaranteed net rental income of £68,000 per annum. The property, a 5-bedroom mid-terraced house, is located in a popular residential area with excellent transport links and amenities. The property has been newly renovated and comes fully furnished, with each bedroom featuring an en-suite bathroom. The property is freehold and has a 7-year lease in place with a reputable social housing provider, who is responsible for bills, council tax, and most internal repairs and maintenance. This hands-off investment opportunity offers a hassle-free experience, with no void periods, general maintenance, council tax, or bills to worry about, ensuring a consistent return on investment.