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£425,000

North Road

North Road
6 beds 2 baths Terraced

About this home

Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A

Key Features: • Investment • HMO • 8.7% ROI • Attractive location • Selly Oak Triangle

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

Full Description: This 6-bedroom, 2-bathroom property is an excellent investment opportunity, offering a generous annual income of £36,917 (excluding bills), with a strong yield of 8.7%. Positioned just a stone’s throw from the University of Birmingham, the property is currently let until Summer 2025, providing a secure and reliable income stream for the foreseeable future.Key Features:6 Bedrooms, 2 Bathrooms: Tastefully decorated to a high standard, offering ample living space for students or professionals.High-Quality Finish: The property has been refurbished to a high specification, providing a stylish and comfortable living environment that is highly attractive to tenants.Prime Location: Ideally located within walking distance of the University of Birmingham, making it a sought-after choice for student accommodation.Steady Rental Income: Currently generating £36,917 per year, with the potential for rental growth as the local market continues to evolve.Yield of 8.7%: Offering an attractive return on investment in a high-demand area.Potential for Rent Increase: With the ongoing demand for properties close to the University, there is scope to increase rent, further enhancing the investment value.This property offers an exceptional yield, combined with the potential for future rent increases, making it a highly attractive opportunity for investors looking for a reliable income stream in a prime location.

Property facts

Property type
Terraced
Bedrooms
6
Bathrooms
2
Days on market
637 days

Features & amenities

Features & finishes
Investment
HMO
8.7% ROI
Attractive location
Selly Oak Triangle

Location

Approximate location · exact address shared on inquiry

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Contact agent
PF
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
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