• FOR SALE BY PUBLIC AUCTION +
• Fantastic Yield +
• £37,140 rent per annum +
• Modern Kitchen/Diner +
• Six Bedrooms +
• Fully Licensed HMO +
• All bedrooms with En-suite +
• PLEASE DOWNLOAD LEGAL PACK ON BENJAMIN STEVENS AUCTIONS WEBSITE +

For Sale By Public Auction

This property in Halesowen is a high-spec 6-bedroom HMO (House in Multiple Occupation), each with en-suite bathrooms and food prep areas. This property has maintained high occupancy and is an ideal investment opportunity. The house is located on a quiet street in the B63 area, attractive to professional tenants working in the Black Country and Birmingham outskirts.

The ground floor features 2 studio rooms with open-plan living areas, while the first floor has 4 additional rooms, all fully furnished with en-suites and kitchen facilities.

The property offers a family-like atmosphere, with tenants maintaining tidy communal areas. Utility bills are included in the rent, and energy-efficient systems are in place to minimize costs. The location is convenient, with ample on-road parking and easy access to local amenities.

• Room 1 – £495, moved in on 27/09/2022, now on a periodic tenancy. • Room 2 – £495, moved in on 21/02/2025, under a new AST. • Room 3 – £500, moved in on 16/01/2025, under a new AST. • Room 4 – £450, moved in on 15/02/2023, now on a periodic tenancy. • Room 5 – £575, moved in on 16/05/2024, now on a periodic tenancy. • Room 6 – £500, scheduled to move in on 04/09/2024, under a periodic tenancy.

Please download the legal pack on the Benjamin Stevens AUCTIONS website.

Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £2,000 and contracts are exchanged.

The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details).

To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click onto the property, follow the link to “Log in/register to bid” You will then be directed to create an auction passport account through our partners, the Essential Information Group.