FOR SALE BY ONLINE AUCTION - A fully tenant six bedroom, five bathroom HMO let to working professionals producing £40,464 per annum
Description
Freehold mid-terrace house
6 bedrooms, 5 bathrooms and an additional WC
Communal open plan kitchen and reception room
Benefits from a rear garden
Impressive gross yield of 13.4% on guide
Fully managed HMO in a prime location
Current rental income of £3,372 per month / £40,464 per annum
Location
Smethwick, West Midlands is an established area for HMO investment, offering strong rental demand and attractive yields. Its location benefits from excellent connectivity, with Birmingham city centre just a few miles away and easy access to the M5 and M6, making it popular with professionals and commuters. The property is also located 3 minutes walk to the Midland Metropolitan University Hospital. The area also has a range of local amenities, schools, and transport links, while property prices remain relatively affordable, supporting healthy rental returns and consistent occupancy for well-managed HMOs.
HMO Compliance
- HMO Licence
- EPC
- EICR
- Fire Risk Assessment
- Fire Alarm Test Certificate
- Emergency Lighting Test Certificate
- Portable Appliance Test Report
- Gas Safety Certificate
Copies of these documents can be found within the legal pack.