4 Bed HMO, Birmingham, B29 6EU, £400,000

12 Exeter Road, Birmingham, West Midlands, B29 6EU - 3 views - 5 months ago

HMO
84 m²
+10 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (26%)

£102,500

Stamp Duty & Legal Fees

£21,500

Total Cash In

£124,000

 

 

Cash Out

 

Room Rate

£485

Gross Rent

£1,940

Running Costs/mo

£2,196

Cashflow/mo

£-256

Cashflow/yr

£-3,072

Gross Yield

6%













Property History

Price changed to £400,000

February 12, 2025

Listed for £410,000

October 25, 2024

Sold for £345,000

2022

Floor Plans

Description

* IDEAL STUDENT HMO INVESTMENT *

Offering no onward chain, this beautifully presented four bedroom, three bathroom terraced investment property located in the heart of the 'student triangle' is perfect for a first time or experienced investor.

The ground floor consists of one bedroom, a recently renovated communal kitchen living room area and bathroom. To the first floor are two further bedrooms and contemporary bathroom. To the second floor is a further bedroom with further storage and bathroom.

As well as being just a short walk from the University of Birmingham. The Queen Elizabeth Hospital, Selly Oak Train Station and Selly Oak’s two retail parks are also within walking distance ensuring all amenities and transport links tenants may need are within close reach.

Agent Details

Dixons, Selly Oak

0121 387 6291

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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