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6 bedroom detached house for sale
Beeches Road, West Bromwich
£470,000
Beeches Road, West Bromwich
£470,000
Our Summary
- *** INVITING INVESTORS*** INSTANT INCOME GENERATOR*** | Renovated 2021 | high-end HMO with each room featuring an en-suite bathroom | The property is well-maintained and includes spacious communal areas | Off-street parking for 3 cars | All furnishings included | Investment opportunity | £41,040 per annum £3,420 Monthly income | Fully occupied
- With the future addition of the Midland Metropolitan Hospital development being completed in 2024 there is potential for more demand for accomodation in the surrounding areas
Description
This is a fully renovated, 6-bedroom, 6-ensuite bathroom property in West Bromwich, currently functioning as a House in Multiple Occupation (HMO). The property underwent a full renovation in 2021, including a new kitchen, boiler, and electrical rewiring. It features spacious communal areas, off-street parking for three cars, and a low-maintenance rear garden. The property is fully furnished and currently occupied by working professionals. With a monthly rental income of £3,420 and an annual yield of 8.37%, this is an excellent investment opportunity. The property is located close to West Bromwich town center, with convenient transportation links and access to Birmingham City Center. All necessary certificates and notices are up-to-date, making this a well-maintained and attractive investment property.