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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
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Here is a summarized version of the property description in a single paragraph:
This investment opportunity offers a high-yield, fully tenanted property with a net rental income of £82,800 per annum and a 15.63% net rental yield. The three-story property is located in Erdington, a sought-after area with excellent transport links and proximity to the high street. The property is fully renovated and features six en-suite bedrooms, each with a kitchenette and tea station. The property is sold freehold with a new 10-year lease in place, and the tenant is a reputable housing company that handles all general maintenance, utility bills, and council tax. The property offers a hands-off investment opportunity with no void periods, management fees, or bills to worry about.