11 bedroom block of apartments for sale

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11 bedroom block of apartments for sale

Middleton Hall Road - 15% NET YIELD, Birmingham, B30
£799,999

Our Summary

  • TENURE & INVESTMENT OPPORTUNITY
  • Confirm existence and nature of any known planning or proposals for development
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This exceptional investment opportunity presents a freehold block of four self-contained flats in Birmingham, offering a remarkable 15% net rental yield. The property is fully operational and income-producing, with a 5-year hands-off lease to a reputable accommodation provider, guaranteeing a net rental income of £120,120 per annum. The tenant is responsible for all outgoings, including utilities, council tax, and general internal maintenance, providing the landlord with consistent, guaranteed rent and zero day-to-day involvement. The property is newly renovated throughout, with each flat designed for comfort and convenience. The location is desirable, with excellent transport links and a sought-after area. This is a true turnkey investment, offering hassle-free, low-risk returns, backed by a long lease and experienced operator.