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6 bedroom house of multiple occupation for sale
Birmingham Road, Lichfield, Staffordshire
£395,000
Birmingham Road, Lichfield, Staffordshire
£395,000
Our Summary
- Attractive HMO Investment Opportunity Address: 71 Birmingham Road, Lichfield, WS13 6PG Property Type: 6-Bed HMO | 1 Bathroom Tenant Type: Fully Tenanted by Working Professionals Prime Investment Location Lichfield, a historic and affluent city in Staffordshire, offers a strong investment opportunity, particularly in the HMO rental market
- 56 / Sale Price) Conclusion The HMO at 71 Birmingham Road, Lichfield offers a compelling investment opportunity, with consistent tenant demand, strong yields, and potential for future expansion
- Prime Location – Lichfield is a historic and affluent city with strong tenant demand and long-term investment potential
Description
This attractive HMO investment opportunity is located in Lichfield, a historic and affluent city in Staffordshire, with a strong economy and thriving rental market. The 6-bedroom property is fully tenanted by working professionals and benefits from its proximity to the city center, shops, schools, and healthcare facilities. The property generates a monthly income of £2,509 and annual income of £30,108, with a gross yield of 7.62% and net yield of 6.16%. With low operating costs and potential for future expansion, this property represents a low-risk, high-return investment in a desirable location. The city's ongoing regeneration projects and strong infrastructure contribute to its long-term investment viability, making it an excellent choice for HMO investors.