Property for sale in Reservoir Retreat, Edgbaston B16

£399,000
Interested in this property? Call +44 121 659 8564 * or Request Details

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Property for sale - 4 bedrooms

4 2

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Great Location
  • Sleeps Four Students / Professionals
  • Two Bathrooms
  • Gross Rental Income of £34,112
  • Call Oakmans Today!
  • Potential To Increase To 6 Bedroom Ensuite And Increase Rents To Circa £60kpa
  • Let Until 30th June 2025

Property description

Welcome to this incredible investment opportunity in the highly sought-after location of Edgbaston! This remarkable House in Multiple Occupation (HMO) property boasts a combination of impressive features that are sure to catch the eye of astute investors and seasoned landlords alike.

One of the standout features of this property is its exceptional rental income potential, with a solid track record of generating impressive returns currently £34,112 per annum rented until 30/06/2025. Currently tenanted with a lease in place until June 2025, you can immediately start enjoying the benefits of a reliable rental income stream. This property is a dream investment for those seeking both short-term gains and long-term returns.

Introducing this large, yet homely four bed Victorian house available for students. The property has many unique features and has original character. Offering accommodation briefly comprising of; Four large bedrooms, two bathrooms - one on the ground floor, living/dining room, kitchen, laundry area, large garden and bike/storage shed.

All four bedrooms are furnished with a full-size Double bed, 32” Smart TV, wardrobe, chest of draws, desk, chair and mirror. The shower room on the 1st floor consists of a large double shower, toilet, sink vanity unit.

The living and dining room is also situated on the ground floor and consists of a 4/5 corner sofa, dining table, coffee tables, 50” Smart TV, and shelving.

Private permit parking for residence.

Green facts for the property:
- Run's on 100% renewable electricity
- Eco Boiler for water and heating

We have been advised by the owner that the property is Freehold and the council tax is band C.

Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.

Situated on a cul-de-sac Retreat and was originally built to house the workers of the nearby Edgbaston Reservoir. Within walking distance to City centre, Birmingham City Hospital, bcu & access to other Universities with great transport links: Bus, Metro, Train, Car, Bike. Local conveniences.

Bills are inclusive for this property and include gas, electric, water, fast Virgin wifi 400Mbps.

This is great location and properties in this area go quickly, Call Oakmans Today for more information.

The deposit payable is £450.00 per person. We have been advised by the owner that the property council tax is band is C.

Please note that this should be verified by your legal representative and Oakmans Estate Agents cannot be held responsible if the information is incorrect.

Property info

Floorplan(s): Floor Plan Or.Jpg

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For more information about this property, please contact
Oakmans Estate Agents, B29 on +44 121 659 8564 * (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 Oakmans Estate Agents, and do not constitute property particulars. Please contact Oakmans Estate Agents 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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