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5 bedroom property for sale
16% NET YIELD - £68,000 P.A NET RENT, Erdington, Birmingham, B23
£425,000
16% NET YIELD - £68,000 P.A NET RENT, Erdington, Birmingham, B23
£425,000
Our Summary
- An Exciting Investment Opportunity Waiting For You
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £68,000 per annum (£5,666 per month) and a remarkable 16% net rental yield
- TENURE & INVESTMENT OPPORTUNITY
- Cash buyers preferred
- Cash purchasers preferred
Description
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Here is a summarized version of the property description in a single paragraph:
This investment opportunity offers a net rental income of £68,000 per annum and a 16% net rental yield. The property, a three-story end-terraced property, features 5 deluxe en-suite bedrooms, a newly renovated open-plan kitchen-lounge, and new flooring throughout. It is located in a popular residential area with excellent transport links and is sold freehold with a 7-year lease to a reputable social housing provider. The tenant is responsible for bills, council tax, and internal repairs and maintenance, ensuring a hassle-free investment with a guaranteed net rental income. With no void periods, no general maintenance, no council tax, and no bills, this property offers a secure and lucrative investment opportunity for investors.