Sponsored Get a Survey — free quotes via ReallyMoving
6 bed terraced house
Next Steps
Sponsored — free quotes via ReallyMoving
Get a Survey
Essential before buying a property with potential — compare up to 5 quotes free
Price History
Our Summary
- Excellent investment opportunity
- This fully tenanted property provides an immediate and reliable income stream, making it an ideal turnkey investment for both new and experienced investors, The property has undergone recent cosmetic improvements, including repainting in some areas
- Property Description - Exceptional Investment Opportunity – 6-Bed, 6-Bath HMO in Erdington, Birmingham
Get alerted when similar properties are listed — Subscribe
Description
The property is a six-bedroom, six-bathroom HMO located on Chester Road, Erdington, Birmingham. It is fully tenanted and has undergone recent cosmetic improvements. The property has six bedrooms, each with its own key code, as well as six bathrooms, a large modern kitchen, and a living/dining room.
The property is generating a monthly income of £3,750 and an annual income of £45,520, delivering a gross yield of approximately 12.5%. It is situated in a prime location with easy access to local amenities, shops, and public transport options, as well as the M6, M5, and M42 motorways.