Summary - 202 HAGLEY ROAD BIRMINGHAM B16 9PQ
29 bed 29 bath Not Specified
### Standout Features:
- 29-bedroom hotel with en-suite facilities
- 12% net yield
- Let on a 10-year FRI lease with no break clause
- Generates annual net rental income of £240,000 (£20,000/month)
- Prime Edgbaston location near city center with strong rental demand
- Hands-off investment: tenant covers all maintenance and management
- Future development potential on a large plot of land
### Summary:
Discover a unique investment opportunity in Edgbaston with this substantial 29-bedroom hotel on the bustling Hagley Road. With a solid 12% net yield and a 10-year fully repairing and insuring lease, this property generates a steady income of £240,000 annually, making it an ideal choice for investors seeking a low-maintenance asset. The hotel features 29 en-suite bedrooms, ensuring high occupancy rates due to its desirable location near key Birmingham landmarks.
Situated in Birmingham’s affluent Edgbaston district, the property's high-demand setting promises consistent revenue, particularly appealing to business travelers and tourists. While the building's Victorian architecture adds charm, potential investors should note the age of the property and some indications of prior damp issues that could warrant attention over time. The vast plot behind the hotel also offers future development opportunities, subject to planning approval, enhancing its value proposition.
This investment is particularly well-suited for those looking to tap into Birmingham's thriving economy and vibrant rental market. Don’t miss the chance to secure this exclusive asset!
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