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8 bedroom semi-detached house for sale
St. Johns Road, Halesowen, West Midlands, B63
£440,000
St. Johns Road, Halesowen, West Midlands, B63
£440,000
Price History
Initial price | £449,000 |
08/09/24 | £447,000 |
27/09/24 | £440,000 |
Price Change | -2.00% |
Description
This 8-bedroom semi-detached house in Halesowen is a rare find for investors, offering a perfect blend of immediate income and long-term capital growth. The property is currently tenanted with a 5-year social housing lease to the government, providing a secure and hassle-free investment. With a current rent of £2200, which will increase to £3000 once two additional rooms are completed, this property promises a high rental yield and minimal vacancy rates. Located in a sought-after area with excellent transport links, schools, and shops, this property is highly attractive to potential tenants. With a long-term tenant already in place, investors can expect a steady stream of income from day one.