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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 property is a hands-off investment opportunity in Birmingham, a city with significant growth potential. The three-bedroom, mid-terraced property has been leased to a housing provider for over three years and is now on a rolling lease with the option to grant a new 5-year lease. The property offers a net rental income of £14,400 per annum and benefits from a hassle-free investment model, with the tenant responsible for bills, council tax, and most internal repairs and maintenance. The property is situated in a sought-after area with excellent transport links, and Birmingham is currently attracting significant investments and is recognized as the fastest-growing UK city for property price growth. With a buyer's fee of 2% of the purchase price, this property presents a unique opportunity for investors to enjoy consistent returns without the complexities of day-to-day management.