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7 bedroom house of multiple occupation for sale
Hatfield Road - 7 Bed HMO, Birmingham, B19
£420,000
Hatfield Road - 7 Bed HMO, Birmingham, B19
£420,000
Our Summary
- This is an excellent investment opportunity
- Situated in a residential area on Hatfield Road, this seven bedroom mid terrace property offers tremendous scope for further improvement and is conveniently located for all amenities
Description
This 7-bedroom mid-terrace property in Birchfield, Lozells, is a fantastic investment opportunity, fully let to professionals on individual AST contracts, generating a rental income of £46,200 per annum. The property has a spacious lounge, modern kitchen, and 2 bathrooms, with gas central heating and double glazing throughout. The property is freehold and has a new boiler installed approximately 2 years ago. The location is convenient for all amenities, and the property has tremendous scope for further improvement. With a buyer's fee of 2% of the purchase price, subject to a minimum fee of £3,999, this is an excellent opportunity for investors to secure a profitable property.