2/10 55 Cardinal House, Bridge Road, Saltley, Birmingham, B8 3TE

Description

• We are excited to present this fantastic tenanted investment opportunity. 1 bedroom student flat, located within a sought after location in Birmingham.

• Flat 17, College House, Bridge Road, Alum Rock, Birmingham, West Midlands, B8 3TE Previously sold for £43,500. Flat 52, College House, Bridge Road, Alum Rock, Birmingham, West Midlands, B8 3TE Previously sold for £44,000

• Sure to appeal to shrewd investors looking for a readily let investment opportunity with fantastic yield. 

• Property is currently tenanted at £585 per month (£6,720 p/a), which provides an excellent 23% gross yield if achieved for guide price HIGH YIELDING INVESTMENT

• Property is situated in a prime location for student accommodation in Birmingham, just a short 22 minute drive from Birmingham City Centre and close to local amenities.

NEW ENTRY. Tenanted 1 Bedroom student Flat, located in a prime location in Birmingham. 

Spacious Bedroom, WC, Kitchen. Property benefits from ample storage.

Sure to appeal to shrewd buy to let investors looking for a turnkey investment opportunity producing fantastic returns.

Property is currently achieving £7,020 p/a in rental income. This returns an excellent 23% yield at guide price.

Sales Evidence:

Flat 17, College House, Bridge Road, Alum Rock, Birmingham, West Midlands, B8 3TE Previously sold for £43,500. Flat 52, College House, Bridge Road, Alum Rock, Birmingham, West Midlands, B8 3TE Previously sold for £44,000

Sure to appeal to shrewd buy to let investors looking for a high yielding opportunity with great capital growth potential.

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

Location

Birmingham is one of the UK’s most vibrant and diverse cities, making it an excellent location for student accommodation. Home to five universities, including the prestigious University of Birmingham and Aston University, it boasts a large and growing student population. The city offers great transport links, a thriving nightlife, and a wide range of cultural and recreational amenities, from music venues and art galleries to shopping and green spaces. Affordable living costs compared to London, plus strong local job opportunities, also make it appealing for students looking to stay post-graduation.

Map

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.