ID: 23629
Description
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
Below Market Value Opportunity
Fully Tenanted and Income Producing 6 Bed Terraced House
Frances Road, Erdington, Birmingham, B23 7LD
Market Value = ?350,000+
Combined Purchased Price = ?325,000
Finder?s Fee = ?4,000 + Vat
Current Gross Income = ?2,200 pcm = ?26,400 per annum
For a limited time only, we have managed to secure this fully tenanted and income producing investment property in a well sought-after location.
In the HMO, each room has its own kitchenette as well as its own ensuite.
The property is let to a charity on a 5-year FRI (Full Repair and Insuring Lease) since July 2020, however, they have been there since 2017.
The property is in a perfect location close to all local amenities.
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940
Below Market Value Opportunity
Fully Tenanted and Income Producing 6 Bed Terraced House
Frances Road, Erdington, Birmingham, B23 7LD
Market Value = ?350,000+
Combined Purchased Price = ?325,000
Finder?s Fee = ?4,000 + Vat
Current Gross Income = ?2,200 pcm = ?26,400 per annum
For a limited time only, we have managed to secure this fully tenanted and income producing investment property in a well sought-after location.
In the HMO, each room has its own kitchenette as well as its own ensuite.
The property is let to a charity on a 5-year FRI (Full Repair and Insuring Lease) since July 2020, however, they have been there since 2017.
The property is in a perfect location close to all local amenities.
If you want to see more deals like this, then please visit the Property Investor website or download the \'Property Investor\' app by visiting:
Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store
If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940