3 bedroom terraced house for sale

>

3 bedroom terraced house for sale

Ashill Road, Birmingham, B45
£210,000

Our Summary

  • Overview * Type: 3-bedroom mid-terrace, Freehold * Condition: Recently refreshed-decorated 12 months ago; new boiler installed ~12 months ago * Occupancy: Let to current tenants on a rolling contract * Rental Income: £825 pcm * Energy Performance: EPC Rating D Financial Snapshot & Yield Analysis Metric Current (at £825 pcm) Potential (at £1,050 pcm) Annual Rent £9,900 £12,600 Estimated Capital Value £210,000 £210,000 Gross Yield 5% 6% * Current gross yield: 5% * With rent adjusted to local average (£1,050 pcm): yield improves to 6%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: This 3-bedroom mid-terrace property on Freehold is a solid investment opportunity, offering an existing rental income stream of £825 per month. The property has been recently refreshed and decorated, with a new boiler installed 12 months ago. With a current gross yield of 5%, the property has potential for yield enhancement through modest improvements or re-letting at full market rates. Located in a stable and sought-after suburb of Birmingham, the property benefits from nearby green spaces and commuter access, making it an attractive option for investors seeking a low-risk, hands-off rental asset or a yield play.