Summary - FLAT 6, 1 FENTHAM ROAD B23 6AA
7 bed 1 bath Block of Apartments
**Standout Features:**
- Freehold block of **6 self-contained flats**
- **15% net yield** with an annual rental income of **£80,000** (£6,667/month)
- Fully tenanted with a **5-year lease** (until 2030) to a reputable accommodation provider
- Long-term security with **no landlord responsibilities**
- Newly renovated interiors, ensuring a modern living environment for tenants
- Located in a thriving area of Erdington, Birmingham, with excellent public transport links
- On-street parking available; low council tax band
**Potential Concerns:**
- Mortgage lenders may be hesitant due to the short lease duration remaining.
- Area classified as having **very high crime rates** and is **deprived**.
---
This impressive freehold block of six self-contained flats in Erdington, Birmingham, offers a unique investment opportunity with an attractive **15% net rental yield**, ensuring a reliable income stream of **£80,000 per annum**. Fully tenanted under a secure five-year lease with a well-established housing provider, this property requires no landlord involvement—meaning zero voids and guaranteed income, presenting a hassle-free investment.
The flats have been thoughtfully **newly renovated**, combining modern amenities with characterful design in a charming Georgian property. Each unit is well-equipped for comfortable living, ideal for a community-focused housing solution. Despite its appealing features, potential buyers should note the **high crime rate** and **deprivation** classification in the area, alongside possible mortgage challenges due to the lease limit. This could also affect future value prospects, making prompt action necessary.
With excellent public transport links and local conveniences just a stone’s throw away, this property is perfect for investors seeking minimal management. Seize this opportunity to secure a low-maintenance, high-yield asset in a vibrant urban setting.
Block of apartments for sale in City Rd, Birmingham, B16 — £550,000 • 1 bed • 1 bath • 495 ft²
4 bedroom property for sale in Edgbaston Road - Block Of 4 x Flats , Smethwick, B66 — £550,000 • 4 bed • 4 bath
11 bedroom block of apartments for sale in Middleton Hall Road, Birmingham, B30 — £799,999 • 11 bed • 11 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 house for sale in Bloomsbury Street, Birmingham, B7 — £199,999 • 4 bed • 1 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
