A 19 bedroom HMO located in Cradley Heath currently fully occupied. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.
For investors looking for a rewarding investment, this is a brilliant opportunity!
The property features 19 bedrooms all with en-suites, 3 kitchen/diners, 3 laundry rooms with on street parking, and has several tenants currently situated.
Investment details
It currently produces an annual gross income of £120,900 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Verified as Freehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
HMO License documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band: G
Interactive street-level view of the property location and surrounding area.