FOR SALE BY ONLINE AUCTION - A fully tenanted six ensuite bedroom HMO and one bedroom self contained flat let to working professionals producing £62,652 per annum
Description
Freehold end-terrace house
6 bedroom all ensuite HMO with 3 kitchenettes
1 bedroom self-contained flat on the ground floor
Rental income of £52,152 per annum for the HMO and £10,500 per annum for the flat
Total income of £62,652 per annum
Representing an impressive gross yield of 13.6% on guide
Location
Situated on the well-connected McKean Road in Oldbury, the property benefits from convenient access via the A4123 and M5. Providing direct routes to Oldbury town centre, Sandwell and West Birmingham Hospitals NHS Trust, and Birmingham city centre. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks.
Transport links are provided by Sandwell & Dudley Station
HMO Compliance
- HMO Licence
- EICR
- Fire Risk Assessment
- Building Regulations Certificate
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Gas Safety Certificate
Copies of these documents can be found within the legal pack