House For Sale £275,000
6 Bedroom HMO near Solihull | 10.4% gross yield | Fully Let | Extensively Refurbished Property | Large Communal Kitchen/Diner | En Suite Bedroom | 2 Bathrooms
Investors take note!
We are proud to bring this up and running, 6 bedroom HMO in Maypole to the sales market. An extensively renovated property that is operating as a professional HMO.
Set in a leafy suburb on a quiet cul de sac, the house boasts plenty of off road parking and green countryside views. It's a haven for white collar, city centre workers, having a bus stop within a few meters of the main road and excellent transport links to both the city centre and Solihull. Shirley Train Station is located less than a mile away, along with Yardley Wood train station the opposite side. Sainsburys, Aldi and Puregym are also less than a mile walk. Everything the professional tenants need is on their doorstep.
Ground floor
The ground floor consists of a large communal kitchen/diner, bathroom and Bedroom 1. The kitchen/diner is fitted with modern appliances, cupboards, a breakfast bar and two sofas and has access to garages and parking to the rear of the property.
First floor
The first floor has access to the upper street level, along with bedrooms 2,3 and 4.
Second floor
The second floor consists of Bedroom 5 which has it's own en-suite shower room, Bedroom 6 and a separate second bathroom.
So to sum up, there are 6 rooms total, one of which is en-suite, and 5 sharing 2 bathrooms.
The property is fully licensed with Birmingham City Council and the lettings have been carried out by Genie Homes for the past 3 years. This really is an investment that will pay you back from day 1, with no additional work needed.
The property comes with up to date documentation
- Annual Fire Alarm Test Certificate
- Annual Emergency Lighting Test Certificate
- eicr
- Gas Certificate
- pat Test
- HMO License
- EPC
- AST's for all rooms
- dps Certificates for all tenants
Current Room Rents
Room 1 - £350
Room 2 - £350
Room 3 - £395
Room 4 - £395
Room 5 - £500 (en-suite)
Room 6 - £395
Total current gross monthly rent - £2,385
Annual Gross Rent - £28,620
Gross Yield - 10.4%
Room Sizes
Room 1 - 6.9m2
Room 2 - 7.6m2
Room 3 - 6.7m2
Room 4 - 7.0m2
Room 5 - 8.7m2
Room 6 - 8.5m2
Kitchen/Diner - 16.2m2
All rooms are let with all utilities included.
Please note: If you would like to view this property, you will need to send proof of funds along with photographic identification prior to booking an appointment. This is to ensure tenant disruption is kept to a minimum.
Disclaimer:
These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure
To be confirmed by the Vendor’s Solicitors
Possession
Tenant Occupied
Viewing
Viewing strictly by appointment through Genie Homes
Misrepresentation Act 1967: Genie Homes for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.
Investors take note!
We are proud to bring this up and running, 6 bedroom HMO in Maypole to the sales market. An extensively renovated property that is operating as a professional HMO.
Set in a leafy suburb on a quiet cul de sac, the house boasts plenty of off road parking and green countryside views. It's a haven for white collar, city centre workers, having a bus stop within a few meters of the main road and excellent transport links to both the city centre and Solihull. Shirley Train Station is located less than a mile away, along with Yardley Wood train station the opposite side. Sainsburys, Aldi and Puregym are also less than a mile walk. Everything the professional tenants need is on their doorstep.
Ground floor
The ground floor consists of a large communal kitchen/diner, bathroom and Bedroom 1. The kitchen/diner is fitted with modern appliances, cupboards, a breakfast bar and two sofas and has access to garages and parking to the rear of the property.
First floor
The first floor has access to the upper street level, along with bedrooms 2,3 and 4.
Second floor
The second floor consists of Bedroom 5 which has it's own en-suite shower room, Bedroom 6 and a separate second bathroom.
So to sum up, there are 6 rooms total, one of which is en-suite, and 5 sharing 2 bathrooms.
The property is fully licensed with Birmingham City Council and the lettings have been carried out by Genie Homes for the past 3 years. This really is an investment that will pay you back from day 1, with no additional work needed.
The property comes with up to date documentation
- Annual Fire Alarm Test Certificate
- Annual Emergency Lighting Test Certificate
- eicr
- Gas Certificate
- pat Test
- HMO License
- EPC
- AST's for all rooms
- dps Certificates for all tenants
Current Room Rents
Room 1 - £350
Room 2 - £350
Room 3 - £395
Room 4 - £395
Room 5 - £500 (en-suite)
Room 6 - £395
Total current gross monthly rent - £2,385
Annual Gross Rent - £28,620
Gross Yield - 10.4%
Room Sizes
Room 1 - 6.9m2
Room 2 - 7.6m2
Room 3 - 6.7m2
Room 4 - 7.0m2
Room 5 - 8.7m2
Room 6 - 8.5m2
Kitchen/Diner - 16.2m2
All rooms are let with all utilities included.
Please note: If you would like to view this property, you will need to send proof of funds along with photographic identification prior to booking an appointment. This is to ensure tenant disruption is kept to a minimum.
Disclaimer:
These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.
Tenure
To be confirmed by the Vendor’s Solicitors
Possession
Tenant Occupied
Viewing
Viewing strictly by appointment through Genie Homes
Misrepresentation Act 1967: Genie Homes for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.
