Kb Roman Investments are pleased to present a 5 bedroom terraced house. HMO that has been let on a long term contract. The property is ideally located in Erdington, West Midlands. Currently producing £20,700
Property
The property is a fully furnished terraced house which has recently been renovated to provide 5 large double bedrooms with 2 bathrooms . The property has been brought up to full HMO standard boasting the following features:
- FD30 compliant fire doors throughout
- Intumescent fire strips throughout
- Interlinked smoke alarms in each bedroom and communal areas
- heat sensors in each bedroom
- HMO compliant Emergency lighting
- Full fire alarm system
- Full bedroom furniture throughout (double beds, wardrobes, bedside tables)
- Full living room furniture (sofas, tables, chairs)
- Full Appliances in the kitchen (washing machine, oven and hob, microwave, toaster, kettle)
- Full HMO compliant certification provided
Location
The property is located approx. 5 miles from Birmingham City Centre. The area benefits from a number of local amenities such as train stations, local supermarkets, eateries and leisure centres. The property also falls within close proximity to Perry Barr, the location of the 2022 Common Wealth Games therefore, the centre point for huge investment within the locality.
Tenure
kbri prides itself on identifying high yielding property investment opportunities within the midlands. Kbri not only identifies suitable properties with investment potential, but also realises this potential by way of repurposing the asset through value add initiatives such as renovation and refurbishment. Kbri further seeks to add value to prospective investors by identifying suitable long term tenants that take on a Fri lease further mitigating risk for the investor and providing a hands off property investment with long term returns and upside potential.
Buyers Fees & Costs
kbri offers a bespoke service to intelligent investors offering an immense value proposition with identifying, acquiring and adding value to property investment opportunities. Therefore, buyers fees and costs may apply.
**attention investors** ready made freehold property investments
long term 7-8% yields and 16-23% roi
No maintenance costs
no rental voids
immediately income producing assets