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This property was removed from Dealsourcr.

5 Bed HMO, Birmingham, B23 7QX £210,000

Slade Road, Erdington, Birmingham, B23 7QX - 53 views - a year ago
  1. Deal Search
  2. Birmingham
  3. B23
  4. B23 7QX
Sold STC
HMO
ROI: 5%
~178 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Birmingham
  • More Deals in B23
  • More HMO Deals
  • More HMO Deals in Birmingham
  • More HMO Deals in B23

Property History

Listed for £210,000

January 8, 2025

Description

  • 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 +

HMO LICENSED
Investment opportunity to earn a steady income from this substantial property which has been converted into x5 rooms
The property offers communal kitchen/diner, x1 bathroom, x1 shower room.
One bedroom with en-suite

Let 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 yield

As 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 yield

Landlord to pay all utility bills including broadband
EPC Rating - E
Council Tax Band - A
HMO LICENSED

Buyers fee of 2% of the purchase price *terms & conditions apply
Contact office for further details

Agent Details

Henley Charles, Erdington

0121 386 3344

Next Steps?

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

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Cashflows

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