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179 Erdington Hall Road, Birmingham... 6 bed detached house for sale
179 Erdington Hall Road, Birmingham, West Midlands B24 8JB
£250,000
179 Erdington Hall Road, Birmingham, West Midlands B24 8JB
£250,000
Our Summary
- Auction date Commencing on Monday 09th June at 1pm and ending 24 hours later on Tuesday 10th June at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- Potential to Increase rents in line with current going rate for the area
Description
A detached house in the Tyburn Road area is up for auction, offering six studios, each with its own bathroom and kitchen, generating a combined rental income of £33,900 per annum. The property is fully occupied by well-established tenants and is well-maintained as a House of Multiple Occupation (HMO). The rentals range from £380 to £550 per month, with potential to increase in line with the current market rate. The property is conveniently located near shops, amenities, and transport links, making it an attractive option for families and commuters. The tenure is freehold, and the EPC rating is D. An administration fee of £3600 inc VAT is payable on exchange of contracts, and disbursements may also apply.