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8 bedroom semi-detached house for sale
Warwick Road, Olton, Solihull
£699,950
Warwick Road, Olton, Solihull
£699,950
Our Summary
- Most of the flats have been refurbished in recent years although minor cosmetic works would present an opportunity to maximise it's potential return on investment
- Investment Opportunity - 8 x Tenanted one bed flats
- EXCELLENT INVESTMENT OPPORTUNITY
- Excellent investment opportunity
Description
This substantial semi-detached period property in Olton, Solihull has been converted into 8 one-bedroom self-contained flats, offering a rare investment opportunity. The property boasts a range of features, including uPVC double glazing, electric heating, and communal parking and gardens. The flats have been refurbished in recent years, with most having modern kitchens and bathrooms, and offer a mix of open-plan living areas and separate bedrooms. The property is well-located, with easy access to the city centre and Olton train station, and has a rental income of £55,920 per annum, generating a yield of 7.8%. The property is being sold freehold, although interested parties are advised to confirm this via their own means. With some minor cosmetic works required to maximize its potential return on investment, this property presents an attractive opportunity for investors seeking a reliable and lucrative rental income.