Back to properties

Rare Residential Opportunity

75 Leonard Road, Birmingham, B19 1JH

£175,000
Residential
About this Property
2024-07-01
175000
Traditional
Residential
Description

PRIME NEW LISTING. We are excited to present this Freehold, 3-bedroom terraced house located within a prime location in Birmingham. Sales Evidence: 123, Birchfield Road, Birmingham B19 1LH sold for £250,000 in JUL 2024, 28, St Peters Road, Lozells And East Handsworth, Birmingham B20 3RR sold for £252,000 in Jul 2022 This property could achieve a market rent of between £1,300 - £1,400 PCM / £15,600 - £16,800 PA, offering an impressive gross yield of 8%-8.6% based on the guide, making it an attractive investment option. Sure to appeal to shrewd buy-to-let investors, this house presents a fantastic high-yielding opportunity with significant capital growth potential in a sought-after area. Located in a desirable area, the property boasts excellent access to motorways, local amenities, restaurants, schools, and sports facilities, enhancing its appeal for both homeowners and investors. PRIME NEW LISTING. We are excited to present this Freehold, 3-bedroom terraced house located within a prime location in Birmingham. The property comprises a welcoming hallway, two living rooms, Dining Room, kitchen, bathroom and three spacious bedrooms offering ample storage throughout. This property could achieve a market rent of between £1,300 - £1,400 PCM / £15,600 - £16,800 PA, offering an impressive gross yield of 8%-8.6% based on the guide price, making it an attractive investment option. Sure to appeal to shrewd buy-to-let investors, this house presents a fantastic high-yielding opportunity with significant capital growth potential in a sought-after area. Located in a desirable area, the property boasts excellent access to motorways, local amenities, restaurants, schools, and sports facilities, enhancing its appeal for both homeowners and investors. The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential. Excellent sales evidence in the area: 123, Birchfield Road, Birmingham B19 1LH sold for £250,000 in JUL 2024 28, St Peters Road, Lozells And East Handsworth, Birmingham B20 3RR sold for £252,000 in Jul 2022 This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer NOW” button on our website. This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team. Location Birmingham, a vibrant and diverse city, offers a rich cultural scene, excellent shopping, dining experiences, and a buzzing nightlife. With its strong transport links, including major motorways, rail connections, and the upcoming HS2, Birmingham is a thriving hub with a promising future for both residents and investors.

Location
More Information
Freehold
Leonard Road
Terraced House
Planing Authority
Birmingham LPA

Interested in this lot?

GO TO THIS LOT

More Listings from this Auctioneer

Other listings nearby