For Sale by Auction – High-Yield, Hands-Off Investment Opportunity. Producing £29,700 per annum
An exceptional opportunity to acquire a fully managed, income-generating investment comprising a self-contained four-bedroom block, currently operated under a supported living arrangement.
The property is let on a long-term agreement to a reputable housing provider and generates a guaranteed rental income of £29,700 per annum, payable irrespective of occupancy. This structure provides investors with secure, predictable returns and eliminates the risk of void periods.
The accommodation is well presented and thoughtfully configured to support independent living, making it ideally suited for continued use within the supported housing sector. This is a genuinely hands-off investment with no direct landlord management responsibilities.
Key Features:
Self-contained four-bedroom block
Fully let to an established supported living provider
Guaranteed rental income of £29,700 per annum
Long-term lease agreement in place
No voids or tenant management required
Fully managed investment
Ideal for passive investors seeking secure returns
Location
Situated on Hermitage Road, Erdington, the property is located within a popular residential area of North Birmingham, benefiting from strong and consistent rental demand. The area offers a wide range of local amenities, schools, and shopping facilities, together with excellent transport links providing easy access to Birmingham City Centre and the wider West Midlands.
Tenure: Freehold
A rare opportunity to acquire a secure, high-yielding investment with guaranteed income.
Early enquiries are strongly recommended.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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