6 bedroom semi-detached house for sale

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6 bedroom semi-detached house for sale

Stanford Avenue - £94,000 p.a. Net Rent , Birmingham, B42
£470,000

Our Summary

  • CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR DEVELOPMENT
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This rare investment opportunity presents a high-yielding, government-funded supported exempt accommodation property in Birmingham, producing a net yield of 20%. The property is a 6-bedroom, en-suite, fully furnished and renovated property with a 7-year hands-off lease, generating £7,833.33 PCM Net Rent / £94,000 P.A Net Rent. The tenant, a trusted accommodation provider, is responsible for all bills, Council Tax, and maintenance, making it a totally hands-off experience for the landlord. The property is freehold and is located on Stanford Avenue, close to public transport and amenities. With no property management fees and no void periods, this is an attractive opportunity for investors seeking a passive income.
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