Terraced house for sale in Frances Road, Birmingham, West Midlands B23

Guide price £290,000
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Terraced house for sale - 6 bedrooms 6 2 1
Tenure:
Freehold
Council tax band:
Not available

Property description

This property is being sold through our Advanced sales method to provide complete transparency and security for all parties involved. A Six Bedroom HMO within A Freehold Terrace Property.

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Extremely rare opportunity to acquire A property with A yield in excess of 10%. A six bedroom HMO which offers accommodation over three floors offering individual living quarters. The property briefly comprises of; six double bedrooms, one of which offers a private en-suit shower room, communal kitchen/dining room, one reception room, two communal bathrooms one on the ground floor the other on the first floor and externally the property offers a private courtyard garden shared between the six occupants.

We have been informed the property is currently tenanted at £30,540 per annum, offering a yield in excess of 10%. The breakdown of the property is as followed with scope to increase all individual units.

Room 1 £400

Room 2 £400

Room 3 £400

Room 4 £450

Room 5 £400

Room 6 £495

Please refer to legal pack for further information.

Council Tax band: B

EPC: Band E

This property is being sold through our Advanced sales method to provide complete transparency and security for all parties involved

There is a buyer-s information pack available to download on the website below which provides you with all upfront information, giving you confidence before proceeding with the sale

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For more information about this property, please contact
Royal Estates, B66 on +44 121 659 8503 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Royal Estates, and do not constitute property particulars. Please contact Royal Estates for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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