North Road

GBP 425000 For Sale

Property Details

Bedrooms

6

Bathrooms

2

Property Type

Terraced

Description

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.

Location

Address

North Road

City

N/A

Features and Finishes

Investment, HMO, 8.7% ROI, Attractive location, Selly Oak Triangle

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Real Estate Broker
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
Brokerage
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
Top Tags
6 Bedrooms 917 per year
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