5 bedroom property for sale

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5 bedroom property for sale

Reginald Road - 16.25% 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 £55,000 per annum (£4583
  • TENURE & INVESTMENT OPPORTUNITY
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This property is a hands-off investment opportunity that offers a net rental income of £55,000 per annum and a remarkable 16.25% net rental yield. The property is a substantial two-story property with 5 bedrooms, each with an en-suite bathroom and fully furnished. It is located in a sought-after area of Birmingham, with excellent transport links and nearby amenities. The property is sold freehold with a new 5-year lease in place, and the tenant is responsible for bills, council tax, and most internal repairs and maintenance. The investment highlights include no void periods, no general maintenance, no council tax, no bills, and no management fees. The property is leased to a reputable accommodation provider, ensuring a guaranteed net rental income. The area is experiencing significant growth, with major developments and regeneration projects underway, making it an attractive investment opportunity.