Terraced house for sale in 34 Florence Road, Acocks Green, Birmingham B27

Fantastic opportunity to purchase a well-established 6-bedroom all en-suite HMO in Acocks Green, Birmingham. The property has been refurbished to a good standard and offers its residents a good range of modern appliances and soft furnishings, creating a blend of functional communal areas as well as comforting private spaces. The property includes a large garden space to the rear of the property, offering additional communal sharing space. The thoughtfully designed features and finishings within the property create a warm and welcoming atmosphere for it's residents.

The property is achieving a gross rent per annum of £44,352, and is tenanted by working professionals of many trades, such as nurses, engineers and care workers, and previous tenants include doctors and pilots. The vast array of tenants demonstrates the high demand for this area and, with a great historical occupancy record, the property itself.

Well located for commuting, the city centre is a 9-minute train ride away, or alternatively, 20 minutes by car, offering a multitude of employment opportunities. Large employers such as Birmingham Airport and Cadbury World are only 20 minutes by car, as well as Heartlands Hospital which is 15 minutes away. Birmingham is renowned for its vibrant cultural scene and robust economy.

Birmingham stands as a key hub for commerce and industry in the UK, with a strong presence in sectors such as finance, manufacturing, and technology. The city's strategic location in the West Midlands makes it a vital transportation and logistics centre, while its growing reputation as a hub for startups and innovation underscores its status as a leading economic powerhouse in the country.

Income;

Room 1 - £625 / Room 2 - £599 / Room 3 - £649 / Room 4 - £599 /
Room 5 - £575 / Room 6 - £649
Total; £3,696.00 pcm / £44,352.00 pa

Expenditure;

Gas - £350 / Electric - £350 / Water - £88 / Council Tax - £124 / Broadband - £43.20 / Cleaner - £88 / Management - £300 /
TV License - £13.25
Total; £1,356.45 pcm / £16,277.40 pa