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Bloomsbury Street, Birmingham, B7 4 bed house for sale
Bloomsbury Street, Birmingham, B7
£215,000
Bloomsbury Street, Birmingham, B7
£215,000
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, a sought-after area with excellent transport links. The property is a three-bedroom mid-terraced house with a first-floor bathroom, reception room, and open-plan kitchen/lounge. It has been successfully 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 no void periods, no general maintenance, no council tax, and no bills. The tenant is responsible for all internal repairs and maintenance, and the property is available to purchase with the benefit of a rolling lease. The area is attracting significant investment and is recognized as the fastest-growing UK city for property price growth.