Property description

9% YIELD!!! RENTAL INCOME of £20,280 per annum!!! THREE YEARS GUARANTEED INCOME!!!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 SIX individual studios, each having an en-suite bathroom, and Kitchenette facilities. 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 shower room (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!!!

Entrance hall
Doors to Studio's 1 and 2, stairs to 1st floor, door to Kitchen

Kitchen - 10' 9'' x 9' 9'' (3.27m x 2.97m)
UPVC doule glazed window to side aspect, UPVC doule glazed door to side aspect giving access to rear garden. New kitchen with a range of fitted wall and base units, stainless steel sink and drainer, oven and hob, splashback tiling, plumbing and provision for appliances. Door to Studio 3

Studio One - 16' 4''max, into bay x 8' 9'' (4.97m x 2.66m)
Bedroom area leading into Kitchenette area with Fitted sink unit, and door into New shower room.

Studio Two
Bedroom area leading into Kitchenette area with Fitted sink unit, and door into New shower room.

Studio Three
Bedroom area with Kitchenette area with Fitted sink unit, and door into New shower room.

First Floor Landing
Doors to all Studio's

Studio Four
Bedroom area leading into Kitchenette area with Fitted sink unit, and door into New shower room.

Studio Five
Bedroom with Kitchenette area with Fitted sink unit, and door into New shower room.

Studio Six
Bedroom with Kitchenette area with Fitted sink unit, and door into New shower room.

Outside

Rear Garden
With Courtyard area and hardstanding garden area

Property Features :

• 9% YIELD!!!
• RENTAL INCOME of £20,280 per annum!!
• THREE YEARS GUARANTEED INCOME!!!
• UNIQUE INVESTMENT OPPORTUNITY WITH GUARANTEED RETURN!!!
• SIX SELF CONTAINED STUDIO´S WITH KITCHENETTE´S AND SHOWER ROOM´S