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6 bedroom property for sale
Frances Rd - £39,000 P.A Rental Income, Erdington, Birmingham, B23
£330,000
Frances Rd - £39,000 P.A Rental Income, Erdington, Birmingham, B23
£330,000
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive rental income of £3,250 PCM Rent / £39,000 P
- TENURE & INVESTMENT OPPORTUNITY
- Cash purchasers preferred
Description
This is a hands-off investment opportunity in Birmingham, offering a rental income of £3,250 PCM / £39,000 P.A. The property is a six-bedroom HMO, with three bathrooms, a well-presented open-plan kitchen/dining area, and modern UPVC double glazing. It is located in a popular residential area, close to local shops, schools, and public transport, including Gravelly Hill Railway Station. The property is currently let on a room-by-room basis, with individual ASTs, and the rent is inclusive of bills. The property has a HMO licence and benefits from a mains integrated smoke/fire alarm protection system and emergency lighting. The rental income is directly into the buyer's bank account, making it a lucrative investment opportunity. With Birmingham being one of the fastest-growing cities in the UK, this property is an excellent opportunity to invest in the city's thriving property market.