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6 bedroom house for sale
15.63% NET YIELD -£82,800 P.A NET RENT , Erdington, Birmingham, B23
£530,000
15.63% NET YIELD -£82,800 P.A NET RENT , Erdington, Birmingham, B23
£530,000
Our Summary
- Exciting Investment Opportunity: High-Yield, Fully Tenanted Property
- The OPA is delighted to offer this hands-off investment opportunity with an impressive net rental income of £82,800 per annum (£6,900 per month) and a remarkable 15
- Cash buyers preferred
Description
This is an exciting investment opportunity offering a high-yield, fully tenanted property with a net rental income of £82,800 per annum and a remarkable 15.63% net rental yield. The property is a three-story, fully renovated property with six en-suite bedrooms, each with a kitchenette and tea station, and is located in the sought-after area of Erdington. The property is sold freehold with a new 10-year lease in place, providing a hands-off investment with no void periods, general maintenance, council tax, or utility bills. The tenant, a reputable housing company, handles all maintenance and utility bills, maximizing the net income. The property is conveniently located near the high street and has excellent transport links, making it an attractive investment opportunity.