Broadfield Walk, Edgbaston, Birmingham B16

Property Details: • Type: N/A

• Bedrooms: 5 • Bathrooms: 0

Description: Ultra-Rare Freehold HMO | Heart of Birmingham City Centre | 5 Bedrooms | £35,640 Per Annum Income | 8.4% Gross Yield | Fully Let | Investment Opportunity | EPC Rating C<br><br> Ultra-Rare Freehold HMO | Heart of Birmingham City Centre | 5 Bedrooms | £35,640 Per Annum Income | 8.4% Gross Yield | Fully Let | Investment Opportunity | EPC Rating C<br><br>Davidson Estates are proud to offer this rare freehold five-bedroom HMO situated in the heart of Birmingham City Centre, an area where freehold opportunities of this nature are extremely limited.<br><br>The property is fully configured as a five-bedroom, two-bathroom, House in Multiple Occupation, currently generating a combined rental income of £2,910 per calendar month (£35,580 per annum), representing an approximate 8.4% gross yield, with further potential to enhance income over time.<br><br>Landlord approximate costs.<br>£1400 council tax<br>£2500 gas/ electric<br>£600 water<br>Total: £4,500 per annum<br><br>7.3% net Yield!<br><br>Current Room Breakdown:<br><br>Room 1: £595 pcm<br>Room 2: £625 pcm<br>Room 3: £495 pcm<br>Room 4: £600 pcm<br>Room 5: £650 pcm<br><br>The property comprises five fully furnished double bedrooms, two well-appointed bathrooms, and a spacious open-plan kitchen and dining area, ideal for modern shared living.