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5 bedroom property for sale
Reginald Road - 17% NET YIELD, Saltley, Birmingham, B8
£339,950
Reginald Road - 17% NET YIELD, Saltley, Birmingham, B8
£339,950
Our Summary
- The OPA is delighted to present this hands-off investment opportunity, offering an impressive net rental income of £58,000 per annum (£4,833
- TENURE & INVESTMENT OPPORTUNITY
- Cash buyers preferred
- Cash purchasers preferred
Description
This investment opportunity presents a substantial two-story property in Birmingham, offering a remarkable 17% net rental yield and a guaranteed net rental income of £58,000 per annum. The property is fully tenanted under a 5-year lease to an accommodation provider, with the tenant responsible for bills, council tax, and most internal repairs and maintenance. The property will be newly renovated throughout before completion, featuring 5 bedrooms, each with an en-suite bathroom and fully furnished. With no void periods, no general maintenance, no council tax, no bills, and no management fees, this is a hassle-free investment opportunity for investors. The property is situated in a sought-after area with excellent transport links, making it an attractive investment opportunity in a city that is currently attracting significant investment and growth.