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6 Bed HMO, Birmingham, B16 0ES £399,950

Gillott Road, Birmingham, B16 0ES - 10 months ago
  1. Deal Search
  2. Birmingham
  3. B16
  4. B16 0ES
Sold STC
HMO
Inside Article 4
~165 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Price changed to £399,950

May 23, 2025

Listed for £425,000

February 7, 2025

Sold for £210,000

2005

Sold for £110,000

2000

Floor Plans

Description

Open House Edgbaston are pleased to present this investment property semi detached 6 bed HMO in Edgbaston.

A fully tenanted six bed licenced HMO in a prime location only 2.3 miles to Birmingham City Centre, 1.5 miles to Five Ways Island, 1 mile from Birmingham City Hospital and 1 mile from the New Midland Metropolitan Hospital. Potential to increase to 7 bed HMO STPP.

Briefly comprising of central heating, part double glazing, large garden, fully tenanted for continued income (subject to tenancy retention and transfer to new landlord). Tenure: Freehold. * N.B. Some photos used in marketing were taken before tenants took occupation.

On the ground floor we have 1 double bedroom, communal lounge, shower room and kitchen diner. Shower room that consists of a shower, toilet and hand basin.

On the first floor we have the 2 double rooms, 1 large double bath and shower room. Bathroom room that consists of a bath, separate shower cubicle, hand basin & toilet.

On the second floor we have the remaining 2 double rooms, Bathroom & separate WC.
Bathroom room that consists of a bath, separate shower cubicle, hand basin & toilet.
WC consist of hand basin and toilet.

The rooms come fully furnished and are rented with all bills included.

Rental Income:
Room 1: £600 pcm
Room 2: £575 pcm
Room 3: £575 pcm
Room 4: £599 pcm
Room 5: £549 pcm
Room 6: £525 pcm

Total £3423 pcm = £41,076 annual

Proof Of Funds required for viewings
LDC in place

Agent Details

Open House Estate Agents, Nationwide

020 3910 1882

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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