£325,000
6 bed terraced house for saleFrances Road, Erdington, Birmingham B23
6 beds
2 baths
1 reception
EPC Rating: E
Available immediately
Freehold
About this property
Description
Property Local are proud to present this fantastic investment opportunity to acquire a fully licensed HMO property generating a strong annual rental income of £39,000, delivering a impressive 12% yield based on the marketing price of £325,000. The property is well-configured to maximise rental return and is currently fully let, offering immediate income from day one. Professionally managed and maintained, this turnkey investment is ideal for both experienced landlords looking to expand their portfolio and new investors seeking a high-yielding asset. Situated in a sought-after rental location, the property benefits from multiple tenancies and is already set up to continue producing consistent, reliable income. Viewings are strictly by appointment-get in touch today for more information or to arrange a viewing.
Tenure: Freehold
Property Local are proud to present this fantastic investment opportunity to acquire a fully licensed HMO property generating a strong annual rental income of £39,000, delivering a impressive 12% yield based on the marketing price of £325,000. The property is well-configured to maximise rental return and is currently fully let, offering immediate income from day one. Professionally managed and maintained, this turnkey investment is ideal for both experienced landlords looking to expand their portfolio and new investors seeking a high-yielding asset. Situated in a sought-after rental location, the property benefits from multiple tenancies and is already set up to continue producing consistent, reliable income. Viewings are strictly by appointment-get in touch today for more information or to arrange a viewing.
Tenure: Freehold
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Monthly repayment
£1,625 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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