Stanford Avenue

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Stanford Avenue

Stanford Avenue - 14% Net Yield, Great Barr, Birmingham, B42
£469,950

Our Summary

  • • Renovation: The property will be newly renovated throughout before completion and in accordance with the requirements of the housing provider
  • TENURE & INVESTMENT OPPORTUNITY
  • Confirm existence and nature of any known planning or proposals for development
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This property is a 6-bedroom, freehold property located in Birmingham, which will be newly renovated throughout. It is sold with a 7-year lease in place to a reputable housing provider, guaranteeing a net rental income of £66,000 per annum. The property is designed for comfort and convenience, with each room featuring an en-suite bathroom and being fully furnished. The location is well-connected, with excellent transport links, and Birmingham is currently experiencing rapid growth and regeneration. The property is a hassle-free investment opportunity, with no void periods, general maintenance, council tax, or bills to worry about. The tenant is responsible for all internal repairs and maintenance, and the property is sold with a new lease in place, ensuring a consistent and secure income stream for the buyer.