- EXCELLENT WORKING PROFESSIONAL INVESTMENT OPPORTUNTY +
- 6 double bedrooms with 6 en-suites +
- Fully Furnished sold as seen +
- NO CHAIN, INSTANT INCOME GERNERATOR +
- Excellent transport links +
- 5 minute walk to Acocks Green Train Station, 3 minutes walk to the nearest bus stop. +
- Fully tenanted +
- Gross month income £3,800, Gross annual income £45,600 +
- Viewing highly recommended +
- Yield 11.25% +
* NEW INSTRUCTION* Genie Homes and delighted to offer this investment opportunity, nestled on the desirable Alexander Road in Birmingham, this exceptional House of Multiple Occupancy presents a remarkable investment opportunity for discerning buyers. With a total of six well-appointed bedrooms, each featuring en-suite facilities, this property is fully tenanted and generates an impressive gross rental income of £45,000 annually, equating to a monthly yield of £3,800. This translates to a robust yield of 11.25%, making it an attractive prospect for those seeking to expand their property portfolio.
The modern design of the house appeals particularly to working professionals, ensuring a steady demand for rental space. The property is conveniently located just a five-minute walk from Acocks Green train station, providing excellent transport links for commuters. Additionally, the vibrant Acocks Green high street is within walking distance, offering a variety of local amenities, shops, and eateries to enhance the living experience for tenants.
Viewings are highly recommended, as this investment opportunity is likely to be snapped up quickly. With no chain involved, prospective buyers can look forward to a smooth transaction process. This property not only promises instant income but also represents a sound investment in a thriving area of Birmingham. Don’t miss your chance to secure this lucrative opportunity.
Property Description - This beautifully refurbished property in Acocks Green is located on a quiet side road, offering on-street parking and a peaceful environment with minimal noise disturbance.
Upon entering, you are welcomed by charming original features, including traditional hallway tiles that add character to the home. The hallway leads to a spacious, modern, open-plan kitchen and dining area, fully equipped with a dishwasher, washing machine, integrated oven, 4-ring gas hob with extractor fan, and two free-standing fridge freezers. This thoughtfully designed space seamlessly blends functionality with style.
The spacious rooms are generously sized doubles, complete with an en-suite bathroom. All rooms come fully furnished with a double bed and mattress, free-standing wardrobe, chest of drawers, and a side table, ensuring both comfort and convenience.
Ideal for working professionals, the rooms provide a tranquil and relaxing environment to unwind after a busy day. Don’t miss the opportunity to enjoy this exceptional HMO.
Rental Breakdown - Room 1 £625
Room 2 £625
Room 3 £575
Room 4 £625
Room 5 £650
Room 6 £700
Monthly gross income £3,800
Annual gross income £45,600
Yield 11.25%
Area Description - Acocks Green - Acocks Green is a suburb of Birmingham, located in the West Midlands region of England. It is situated approximately 5 miles southeast of the city centre and is easily accessible by public transport, including buses and trains.
Acocks Green has a range of local amenities including supermarkets, restaurants, and shops. There are also several parks and green spaces in the area, including the Acocks Green Village Trust Nature Reserve and the Robin Hood Lane Recreation Ground. The suburb has a number of cultural and recreational facilities, including the Acocks Green Library and the Acocks Green Leisure Centre.
In terms of transport links, Acocks Green is well-connected to the rest of the city and beyond. It has its own railway station, which provides regular services to Birmingham city centre and other destinations in the West Midlands region. The suburb is also served by a number of bus routes, which provide connections to other parts of Birmingham and the surrounding area.
Buyers Fee And Reservation - Genie Homes pride ourselves on our simple and secure buying process.
This sale is subject to a 2% plus VAT Buyers Fee and this is based on the agreed sale price.
Please contact us to arrange a viewing. We will ask you to provide proof of funds and photographic identification prior to attending, to make sure we cause minimal disruption to any tenants that may reside at the property.
Once you have viewed the property, we will ask you for feedback.
If you make an offer and it is accepted, the full 2% plus VAT is then applicable in order to take the property off the market.
Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage-
ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)
The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
All of these elements provide peace of mind from the outset, along with our personal and proactive approach.
We look forward to hearing from you soon.
Disclaimer - 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
Tenant occupied
VIEWING
Viewing strictly by appointment through Genie Homes
