Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features: • Investment Opportunity • Rental Income £1,795 Per Month • All Flats Fully Occupied On AST's • Producing 10.26% Gross Yield • Substantial Property • x5 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: 1 Reservoir Road, Erdington, Birmingham, B23 6DA
Full Description: HMO LICENSEDInvestment opportunity to earn a steady income from this substantial property which has been converted into x5 roomsThe property offers communal kitchen/diner, x1 bathroom, x1 shower room. One bedroom with en-suiteLet on individual AST's to long term tenants, this property presents a opportunity for investor to purchase a ready made investment with an average 10.26% gross yieldAs of 07/01/2025 below rents per room:Room 1 £330 pcm (£3960 per annum)Room 2 £475 pcm (£5700 per annum) En-suite room Room 3 £300 pcm (£3600 per annum)Room 4 £360 pcm (£4320 per annum)Room 5 £330 pcm (£3960 per annum)Total Rental Income: £1,795pcm ( £21,540 per annum)Average 10.26% gross yieldLandlord to pay all utility bills including broadbandEPC Rating - ECouncil Tax Band - AHMO LICENSEDBuyers fee of 2% of the purchase price *terms & conditions applyContact office for further details
