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5 bed terraced house
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Price History
Our Summary
- Scope to increase rental income
- 4% Gross Yield | Fully Let | Investment Opportunity | EPC Rating C Davidson Estates are proud to offer this rare freehold five-bedroom HMO situated in the heart of Birmingham City Centre, an area where freehold opportunities of this nature are extremely limited
- 4% gross yield, with further potential to enhance income over time
- Further information on tenancies and potential rental uplift is available upon request
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Description
The property is a freehold five-bedroom HMO located in the heart of Birmingham City Centre. It comprises five fully furnished double bedrooms, two well-appointed bathrooms, and a spacious open-plan kitchen and dining area. There is also a separate living room and a rear garden with a front garden, providing valuable outdoor space for occupants.
The current income breakdown is £595, £625, £495, £600, and £650 per calendar month, totaling £2,910 per month or £35,640 per annum, representing an approximate 8.4% gross yield. The property benefits from two gardens and five bedrooms.