5 Bedroom Mid-Terraced House For Sale

£220,000 Sold STC

Mere Road, Erdington, Birmingham, B23 7LL

5 Bedrooms
2 Bathroom
0 Reception

HMO LICENSED
Investment opportunity to earn a steady income from this substantial property which has been converted into x6 rooms
The property offers communal kitchen/diner, x1 bathroom, x1 shower room

Let on individual AST's to long term tenants, this property presents a opportunity for investor to purchase a ready made investment with an average 9.7% gross yield


Room 1 £380 pcm (£4560 per annum)
Room 2 £310 pcm (£3720 per annum)
Room 3 £350 pcm (£4200 per annum)
Room 4 £450 pcm (£5400 per annum)
Room 5 £120 pcm (£1440 per annum)
Room 6 £375 pcm (£4500 per annum)

Total Rental Income: £1,985pcm ( £23,820per annum)
Average 9.7% gross yield

Landlord to pay all utility bills including broadband
EPC Rating - D
Council Tax Band - B
HMO LICENSED


Buyers fee of 2% of the purchase price *terms & conditions apply
Contact office for further details

Floorplans & Energy Efficiency Rating

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Mere Road, Erdington, Birmingham, B23 7LL
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Train Stations

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Super Markets

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GP

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Broadband availability

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Gyms

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Primary Schools

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Are you interested in this property?

Call now for more information or to arrange a viewing:
Erdington - 0121-386-3344 Handsworth - 0121-551-4001