>
55 Cardinal House, Saltley B8 1 bed flat for sale
55 Cardinal House, Saltley B8
£30,000
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 is a fantastic investment opportunity, a tenanted 1-bedroom student flat located in a prime area of Birmingham, close to local amenities and just a 22-minute drive from the city center. The property is currently rented out for £560 per month, generating a gross yield of 23% if achieved at the guide price. The flat features a spacious bedroom, WC, and kitchen, with ample storage. The location is highly sought after for student accommodation, with five universities in the area, including the prestigious University of Birmingham and Aston University. The property has previously sold for £43,500 and £44,000, making it a great opportunity for shrewd buy-to-let investors looking for a high-yielding investment with great capital growth potential. The property will be featured in an upcoming timed online auction, with the option to make an immediate offer.