Bearwood Rd

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Bearwood Rd

Bearwood Rd - 5 Bed HMO + 2 x Studio Flats , Smethwick, B66
£450,000

Our Summary

  • The OPA is delighted to present this superb, ready-made HMO investment opportunity, comprising two self-contained flats and a five-bedroom HMO
  • TENURE & INVESTMENT OPPORTUNITY
  • Cash buyers preferred
  • Cash purchasers preferred

Description

This is a superb, ready-made HMO investment opportunity in the sought-after area of Bearwood Road, Smethwick. The property comprises two self-contained flats and a five-bedroom HMO, generating an impressive £3,985 per month (£47,820 per annum) on AST agreements. The property benefits from excellent local amenities, public transport links, and proximity to Birmingham City Centre, ensuring a consistent tenant demand. The location is ideal for investors, with Birmingham ranking as one of the most popular cities in Europe for investment, attracting £billions of investments and recognized as the fastest-growing UK city for property price growth. The property is a freehold, sold with the benefit of existing AST tenancies in place, and is available for immediate occupation.