6 bedroom property for sale

>

6 bedroom property for sale

Watt Rd- 16.5% Net Yield - £66,000 p.a Net Rent, Birmingham, B23
£399,950

Our Summary

  • The OPA are pleased to present this hands-off investment opportunity, offering an impressive net rental income of £66,000 per annum (£5,500 per month) and a remarkable 16
  • TENURE & INVESTMENT OPPORTUNITY
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This investment opportunity presents a fully let, 6-bedroom mid-terraced property in Erdington, Birmingham, offering a net rental income of £66,000 per annum (£5,500 per month) and a remarkable 16.5% net rental yield. The property is freehold and benefits from a new 5-year lease to a reputable accommodation provider company, with no break clause. The tenant is responsible for bills, council tax, and internal repairs and maintenance, making it a hassle-free investment. The property is located in a popular residential area, close to local amenities, schools, and public transport links. Birmingham is a growing city with a strong economy and increasing property prices, making it an attractive investment destination. With a guaranteed net rental income and no management fees, this is an excellent opportunity for investors to enjoy consistent returns without the complexities of day-to-day management.