Summary - 38 HARLESTON ROAD GREAT BARR BIRMINGHAM B44 8RR
5 bed 5 bath Not Specified
Turnkey passive income for cash investors seeking strong short-term yield.
- Freehold with five deluxe en-suite bedrooms, fully furnished and newly renovated
- Hands-off 5-year rent-guarantee lease to accommodation provider
- Tenant pays utilities, council tax and most internal repairs
- Guaranteed net rent £54,600 pa — 16% net yield claimed
- Short lease term (5 years) — may prevent mortgage finance
- Buyer’s exclusivity package includes non-refundable buyer’s fee; cash preferred
- Small plot, on-street parking and no step-free access
- Area classed as deprived; check local licensing and demand assumptions
This freehold property on Harleston Road is offered as a fully renovated, hands-off investment producing a guaranteed net rental income of £54,600 per year (16% net yield). The house has been refurbished to provide five deluxe en-suite bedrooms, a new kitchen and full furnishings, and is let on a five-year rent-guarantee lease to a specialist accommodation provider who pays rent directly and covers utilities, council tax and most internal repairs.
For investors seeking predictable cashflow with minimal management, the appeal is clear: no daily landlord responsibilities, no management fees and no voids reported under the current lease. The tenancy is structured to deliver rental income straight to the owner’s bank account, while the tenant meets operational and safety obligations including interlinked smoke alarms and fire-tested furnishings.
There are important limitations to note. The new lease term is only five years — a short unexpired term that may make mortgage finance difficult or unavailable through many lenders. The sale process also uses an exclusivity package with a non-refundable buyer’s fee; interested purchasers should factor this and the seller’s preference for cash buyers into their plans. Buyers must perform their own due diligence on licensing, lease documentation and lender suitability before progressing.
Location and physical details: the property is in a deprived area of Birmingham (B44) with convenient local amenities and good transport links, but a small plot, on-street parking and no step-free access. EPC rating is stated as D (a new EPC will be issued on completion). Prospective purchasers should review the property pack and lease before committing, and verify HMO/licensing and lender acceptability given the short lease term.
4 bedroom house for sale in Bloomsbury Street, Birmingham, B7 — £199,999 • 4 bed • 1 bath
Commercial property for sale in Handsworth Wood Rd - £335,000 P.A Net Rent, Handsworth, Birmingham, B20 — £1,675,000 • 28 bed • 28 bath
4 bedroom property for sale in Dyas Rd- Net Returns Of 15% - Fully Managed & Reliable , Great Barr, Birmingham, B44 — £299,950 • 4 bed • 4 bath
4 bedroom house for sale in Markby Rd -Net Returns Of 15% – Fully Managed & Hands Off, Birmingham, B18 — £299,950 • 4 bed • 4 bath • 1668 ft²
11 bedroom block of apartments for sale in Middleton Hall Road, Birmingham, B30 — £799,999 • 11 bed • 11 bath
Block of apartments for sale in City Rd, Birmingham, B16 — £550,000 • 1 bed • 1 bath • 495 ft²
