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House For Sale £399,000
Metchley Drive, Birmingham B17


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
 

Follow the link for more information:
        
onthemarket.com

  
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