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Back to search Home Countries Unknown Erdington Mere Road, Erdington, Birmingham
GBP220,000
Mere Road, Erdington, Birmingham
Mere Road, Erdington, Birmingham
5 beds 2 baths Terraced

About this home

Property Details: • Type: Terraced • Tenure: Freehold • Floor Area: N/A

Key Features: • Investment Opportunity • Rental Income £23.80k Per Year • All Flats Fully Occupied On AST's • Producing 9.7% Gross Yield • Substantial Property • x6 Bedrooms • x2 Bathrooms • 15 mins walk to Gravelly Hill Train Station • Contact Office For Further Details About This Opportunity • Video Tour Available On HC Website

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 306 Rookery Road, Handsworth, Birmingham, B21 9QG

Full Description: HMO LICENSEDInvestment opportunity to earn a steady income from this substantial property which has been converted into x6 roomsThe property offers communal kitchen/diner, x1 bathroom, x1 shower roomLet on individual AST's to long term tenants, this property presents a opportunity for investor to purchase a ready made investment with an average 9.7% gross yieldRoom 1 £380 pcm (£4560 per annum)Room 2 £310 pcm (£3720 per annum)Room 3 £350 pcm (£4200 per annum)Room 4 £450 pcm (£5400 per annum)Room 5 £120 pcm (£1440 per annum)Room 6 £375 pcm (£4500 per annum)Total Rental Income: £1,985pcm ( £23,820per annum)Average 9.7% gross yieldLandlord to pay all utility bills including broadbandEPC Rating - DCouncil Tax Band - BHMO LICENSEDBuyers fee of 2% of the purchase price *terms & conditions applyContact office for further details

Property facts

Property type
Terraced
Bedrooms
5
Bathrooms
2
Days on market
268 days

Features & amenities

Features & finishes
Investment Opportunity
Rental Income £23.80k Per Year
All Flats Fully Occupied On AST's
Producing 9.7% Gross Yield
Substantial Property
x6 Bedrooms
x2 Bathrooms
15 mins walk to Gravelly Hill Train Station
Contact Office For Further Details About This Opportunity
Video Tour Available On HC Website

Location

Approximate location · exact address shared on inquiry

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Contact agent
HC
Henley Charles, Handsworth
Henley Charles, Handsworth
Contact this agent
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