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3 bedroom semi-detached house for sale
Eastville, Northfield, Birmingham B31
£195,000
Eastville, Northfield, Birmingham B31
£195,000
Our Summary
- An excellent investment opportunity
- There is significant potential to increase the rental yield, with the option to sign a new five-year agreement at £1,600 per calendar month
Description
This three-bedroom semi-detached house in Eastville, Northfield, is an excellent investment opportunity, currently let to a supported living company under C3 residential use, generating a rental income of £1,300 per month. The property has been reconfigured to accommodate four bedrooms, offering significant potential to increase the rental yield, with the option to sign a new five-year agreement at £1,600 per month. The property features three generously sized bedrooms, two reception rooms, a rear garden, and off-road parking, providing a versatile living space. With the flexibility to purchase the property with the current lease in place or opt for vacant possession, this property presents an attractive option for investors or buyers looking for a home with flexible use options.