Stanmore Road, Birmingham
£700,000- ID AR000861
- Listing type: For Sale
- Bedrooms 0
- Status: On Market
- Bathrooms 0
- Property type:
Property Description
The property is located on Stanmore Rd, just 200 from the Hagley Rd thus providing excellent transport links into the city. It consists of 8 studio flats, all self-contained. The property is managed by Ask Property Management who ensure any owner can take a hands-off approach, thus suitable for remote investors. The property currently grosses over £6700 per month, let on an all-inclusive basis (the landlord pays all utilities etc). Rents could be improved with further investment or increased over time as demand continues to be high.
