6 bedroom terraced house for sale

Reservoir Road, Erdington, Birmingham

Guide Price £250,000

Property Description

Full description

UNIQUE INVESTMENT OPPORTUNITY WITH GUARANTEED RETURN!!!
An opportunity to purchase a unique investment property in the Erdington area that provides fantastic returns. The property has been completely refurbished to a high standard to provide individual studios, each having an en-suite bathroom.

This recently refurbished property is located in the Erdington area and provides investors with a guaranteed income for 3 years. The property has been equipped with a brand new boiler and hot water system, hard-wired smoke detection system along with hard-wired fire alarm system and emergency lighting. The property complies with all building regulations.

Each unit has a contemporary finish and contains a small kitchenette unit with sink, cupboards, work surface and under-counter fridge. There is a contemporary en-suite bathroom (private) and each unit is fully furnished to a good standard and having access to a communal kitchen (shared) for cooking and washing purposes. All units are re-wired and include a one-panel aerial, broadband and television point.

We are offering investors a lease back programme on this property on a full maintenance basis and with all bills covered at £20,280 per annum ? providing a yield of 9% per annum.

This means the investor is only responsible to pay for any mortgage or finance they have on the building along with insurance and annual certificates required by law.

Call now for more information!!!

More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
30 September 2016

Nearest stations

  • Gravelly Hill (0.6 mi)
  • Erdington (0.8 mi)
  • Chester Road (1.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Just Move Estate Agents & Lettings, Erdington

9 York Road, Erdington, Birmingham, B23 6TE

0121 396 0700 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Gravelly Hill (0.6 mi)
  • Erdington (0.8 mi)
  • Chester Road (1.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Just Move Estate Agents & Lettings, Erdington

9 York Road, Erdington, Birmingham, B23 6TE

0121 396 0700 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5168063. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Just Move Estate Agents & Lettings, Erdington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.