2 bed terraced house for sale

Deakin Road, Erdington, Birmingham B24

Investors only Mid-terraced property which has been converted into 2 self contained flats all let on a annual return of £12,600 per year, giving 7.64% yield on investment. Located in central Erdington & boasting excellent transport links as well as being close to local amenities.

Mid-terraced property which has been converted into x2 self contained flats.
Each flat offers its own kitchen, reception room, shower room & bedroom, with access via the communal entrance.

Let on individual AST's to long term tenants, this property presents a opportunity for investor to purchase a ready made investment.

Flat 1 £450 pcm (£5,400 per annum)
Flat 2 £600 pcm (£7,200 per annum)

Total Rental Income: £1,050pcm (£12,600 per annum)

Electric is paid for by the tenants via card system
Tenants pay for their own council tax
Gas bills are paid by tenants
Water bill is paid by landlord
EPC Rating Per Flat - C
Council Tax Band Per Flat - A

Buyers fee of 2% of the purchase price *terms & conditions apply
Contact office for further details