This property is no longer on the market
8 bedroom semi-detached house
Key information
Property description & features
- Eight bedroom licenced HMO property
- Investment opportunity
- Potential to further increase rental income
- Large rear garden and patio
A superb investment opportunity in an area where HMO room rentals are in high demand.
The property offers potential to further increase the rental income from its current annual gross revenue of £43,620 pa. (subject to utilities etc).
The property provides partial double glazing where specified and has gas central heating.
The internal accommodation briefly comprises entrance hall, reception room, kitchen and downstairs bathroom, with two double bedrooms on the ground floor. The first floor comprises four further double bedrooms, one bathroom, plus additional separate shower room. The second floor has a further two double bedrooms.
The property provides a large rear garden and patio area.
Situated in this popular professional houseshare area in close proximity of Birmingham City Centre. The new tram extension is very close-by providing access to rail links. The property is ideally positioned for a number of local supermarkets, and is on the doorstep of Edgbaston reservoir which offers a tranquil nature spot and escape from the bustling centre along with local canal networks and cycle paths and as you would expect, the property provides excellent links to a number of different local university campuses.
Managing agents are already in place, and on hand to provide advice in regards to planning, licencing, and refurbishment/improvement works. Occupancy has been close to 100% for the past 10 yrs.
Please note that this property is also part of a small portfolio listing and the vendor is open to selling the units individually or together.
Property information:
• HMO licence will permit 8 people/units
• The ground floor comprises:
- 2 x large double bedrooms
- 1 x WC/shower
- 1 x large kitchen
- 1 x large dining room / lounge
• The first floor comprises:
- 2 x large double bedrooms
- 2 x standard double bedrooms
- 1 x bathroom with freestanding bath and WC
- 1 x shower room
• The second floor comprises:
- 1 x large double bedroom
- 1 x standard double bedroom
• Current annual income £ 43,620 pa – can be increased, refer to property managers.
• EPC rating D
• Council tax band C
*Measurements not taken and viewings being conducted by owner's managing agent.
Places of interest
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Property reference 103409000612. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by York Laurent - Birmingham.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on July 4, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on July 4, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on June 21, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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