Description
A functioning HMO for five/six tenants with HMO licence and C4 application in progress. This property has been furnished to a very high standard to offer accommodation for students or professionals.
It is currently let to Nurses but is being remodelled to offer the option to ingoing buyers of a fully let student property with an advertised price of £144pppw or £37,440 gross annual income.
There is also an option to take on a lease to a third party at ££2,800 per calendar month or £33,600 to offer a net income ROI of 8.4%.
Located on Metchley Drive, walking distance to Harborne High St, (QE) Queen Elizabeth hospital, University of Birmingham, university train station…
Bedrooms: 5 Double beds, ground floor bedroom 1 suitable for two people ideal couple or single occupancy, all with 32” smart TVs, wardrobes, desks, chairs, mirrors, bedside cabinets, shelfs, blinds.
Lounge: Large sofa, dining table and chairs, coffee table, large 55-inch smart TV, USB charging points. Designer herringbone wood style flooring…
Kitchen: Fully fitted Inc. American fridge freezer, dishwasher, washing machine/dryer, built in oven, hob, extractor, microwave, and kettle.
Laundry room/area
2 shower/Bathrooms, Separate WC, a large luxury bathroom with bath, shower, sink & toilet, shower room with shower sink, separate toilet & sink.
Porch and hallway with coat and shoe rack
Parking: Allocated Parking Space + additional
Garden, Bench/seating, washing line…
Run's renewable electricity
Eco Boiler for water and heating
Double glazing
A rated appliance’s
Recycling
Council Tax Band: C