>
4 bedroom house for sale
Bloomsbury Street, Birmingham, B7
£199,999
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.