This 4-bedroom House of Multiple Occupancy (HMO) boasts an impressive 8% yield return and the potential to create a 5th bedroom to maximise return, perfectly situated in an attractive location for students.
Decorated to a high standard throughout, with a modern kitchen and ample communal space, this property is ready to generate substantial rental income.
Currently occupied until 30th June 2024 to 4 tenants with a rental income of £19,241.14 p.a. We
estimate the annual rent achievable to be circa £30,000 pa by adding an additional bedroom.
A Certificate of Lawful Use confirming C4 usage has been applied for.
Council Tax Banding: A (Birmingham City Council)