- Instant income generator investment property +
- Fully Furnished, sold as seen +
- Rear Garden +
- Excellent Transport Links to Birmingham City Centre. +
- Great Location +
- Fully Tenant Occupied +
- Close motorway access M5,M6,& M42 +
- 9.86% Gross Yield +
- 2% buyers fee +
- Annual income £36,000 +
Welcome to this stunning property located on Johnson Road in Birmingham!
This magnificent house, boasts a total of six spacious bedrooms and six modern bathrooms, making it an ideal choice for those looking for a House of Multiple Occupancy (HMO) property.
As you step inside, you'll be greeted by a the reception room that offers a warm and inviting atmosphere, perfect for relaxing or entertaining guests. Each of the six bedrooms is generously sized, providing ample space for residents to create their own personal sanctuary.
The property's six bathrooms are beautifully designed and offer convenience and privacy for each occupant. Whether you're getting ready for the day ahead or unwinding after a long day, these well-appointed bathrooms cater to your every need.
Currently fully tenanted, this property presents a fantastic investment opportunity for those looking to expand their property portfolio. With a prime location in Birmingham, this HMO property is sure to attract tenants seeking a comfortable and well-maintained living space.
Don't miss out on the chance to own this exceptional property on Johnson Road. Contact us today to arrange a viewing and experience the charm and potential this property has to offer!
Property Overview - NEW INSTRUCTION PERFECT BUY-TO-LET INVESTMENT PROPERTY FOR SALE ERDINGTON FULLY TENANTED ANNUAL INCOME £36,000
This property is ideally located on a beautiful, quiet, leafy street in Erdington and is conveniently situated for transportation links to the City Centre and local amenities, as well as being only a short walk to the main high street.
The property is a 6 bedroom HMO, boasting private en-suites in every room, currently tenanted by working professionals.
Each room is kitted out with a double bed, wardrobe, drawers, bedside table, and a desk area with shelving.
Downstairs we have a large stylish communal kitchen with cooking and washing facilities and plenty of extra cupboard storage.
EPC D
Council Tax Band B
Rental Breakdown - Current rental prices are as follows...
Room 1 - tenanted at £430 per calendar month
Room 2 - tenanted at £460 per calendar month
Room 3 - tenanted at £495 per calendar month
Room 4 - tenanted at £460 per calendar month
Room 5 - vacant and being advertised by Genie Homes at £605 per calendar month
Room 6 - tenanted at £550 per calendar month
Monthly Income £3,000
Annual Income £36,000
Yield 9.86% Gross
Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure - Freehold
Possession - Tenanted
Viewings - Strictly by appointment through Genie Homes