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York Road, Birmingham B16 12 bed apartment for sale
York Road, Edgbaston, Birmingham, B16 9JB
£1,250,000
York Road, Edgbaston, Birmingham, B16 9JB
£1,250,000
Price History
Initial price | £1,350,000 |
01/02/25 | £1,250,000 |
Price Change | -7.41% |
Description
Davidson Estates presents a rare opportunity to purchase a freehold building with 12 fully tenanted studio apartments in Edgbaston, Birmingham. The property is in good condition and benefits from a driveway for two cars and a communal garden. The studios are fully managed by Davidson Estates, ensuring a hassle-free investment experience. With a current annual rental income of £94,140 and a 7% yield, this is a lucrative investment opportunity. The property is located close to Edgbaston Village, Morrisons superstore, and Harborne High Street, with excellent bus links to the city center. Additionally, there is potential to change the use of the building to serviced apartments, subject to planning approval, which could further increase the yield. Viewings can be arranged through Davidson Estates, and further details are available upon request.