4 bedroom house for sale

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4 bedroom house for sale

Bloomsbury Street, Birmingham, B7
£199,999

Our Summary

  • The OPA is delighted to present this hands-off investment opportunity
  • TENURE & INVESTMENT OPPORTUNITY
  • Confirm existence and nature of any known planning or proposals for development
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This is a hands-off investment opportunity in Birmingham, presented by OPA. The property is a three-bedroom, mid-terraced house with a reception room that can be used as a fourth bedroom, and an open-plan kitchen/lounge. It has been successfully leased to a housing provider for over three years, generating a net rental income of £14,400 per annum. The property is freehold, with a rolling lease that offers the option to grant a new 5-year lease. The tenant is responsible for bills, council tax, and internal repairs and maintenance, making it a hassle-free investment with no void periods, general maintenance, council tax, or bills to worry about. The property is located in a sought-after area with excellent transport links, and Birmingham is recognized as the fastest-growing UK city for property price growth.