55 Cardinal House, Saltley B8 1 bed flat for sale

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55 Cardinal House, Saltley B8 1 bed flat for sale

55 Cardinal House, Saltley B8
£30,000

Our Summary

  • We are excited to present this fantastic tenanted investment opportunity
  • Flat 52, College House, Bridge Road, Alum Rock, Birmingham, West Midlands, B8 3TE Previously sold for £44,000* Sure to appeal to shrewd investors looking for a readily let investment opportunity with fantastic yield
  • Sure to appeal to shrewd buy to let investors looking for a turnkey investment opportunity producing fantastic returns
  • This property is offered at a fantastic price to ensure an Auction sale
  • The property will feature in our upcoming timed online auction
  • To participate in the live auction, you must have a bidding account created
  • Sure to appeal to shrewd investors looking for a readily let investment opportunity with fantastic yield

Description

This tenanted 1-bedroom student flat is located in a sought-after area of Birmingham, close to local amenities and just a 22-minute drive from the city center. The property benefits from ample storage and is currently achieving £6,720 per annum in rental income, providing an excellent 23% gross yield. The flat is part of a larger student accommodation complex and is sure to appeal to shrewd buy-to-let investors looking for a high-yielding opportunity with great capital growth potential. The property is being offered at a fantastic price to ensure an auction sale, and interested parties can participate in the live auction by creating a bidding account. With its prime location, strong rental income, and excellent yield, this property is an attractive opportunity for investors looking to expand their portfolio.