£700,000
Studio flat for sale
Birmingham, B16
studio Flat Property description
The property is located on Stanmore Rd, just 200 from the Hagley Rd thus providing excellent transport links into the city. It consists of 8 studio flats, all self-contained. The property is managed by Ask Property Management who ensure any owner can take a hands-off approach, thus suitable for remote investors. The property currently grosses over 6700 per month, let on an all-inclusive basis (the landlord pays all utilities etc). Rents could be improved with further investment or increased over time as demand continues to be high.
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First listed
Over a month agoBirmingham, B16
Marketed by
Abode Residential 11 St Pauls Square,Birmingham,West Midlands,B3 1RBCall agent on 0121 232 4643
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Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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