**Key Features:**
- 5 newly renovated bedrooms, each with en-suite bathroom
- £55,000 annual net rental income / £4583.33 monthly
- 16.25% net yield with a 7-year hands-off lease
- Prime location near University of Birmingham, Costa, and Asda Express
- Freehold property, managed by a reputable accommodation provider
- No bills, council tax, or property management fees for the owner
Investors looking for a secure, hassle-free opportunity will find this 5-bedroom house in Selly Park, Birmingham a compelling choice. Each of the five stylishly furnished bedrooms is complete with its own en-suite bathroom, designed specifically for high demand student accommodation. Recently renovated, the property boasts a strong rental yield of 16.25%, translating into a solid income of £55,000 per year without the headaches of tenant management. The property is freehold and in a vibrant location, conveniently close to local amenities, making it exceptionally appealing for future renters.
Potential downsides include an above-average crime rate in the area, as well as no off-street parking. However, these factors can be outweighed by the overall investment potential and the ongoing development in Birmingham, ensuring your investment is attractive to a steady stream of tenants. Don’t miss this rare opportunity to secure a dependable income stream with minimal involvement; properties like this don’t last long on the market!