Offers over
£400,000
5 bed flat for saleGillott Road, Birmingham B16
5 beds
5 baths
- Freehold
Let Property
.png)
About this property
Current Yield = 6.99%
Potential Yield = 8.0%
5 Bedroom Semi-Detached HMO
Buy-to-Let Opportunity
Long Term Tenants Currently Situated
Likely to attract enquiries from Serious Investors & Developers.
Investment potential detailed below (Let Property Pack)
A 5-bedroom semi-detached house located in Birmingham currently being occupied as a HMO. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.
For investors looking for a rewarding investment, this is a brilliant opportunity!
The property features 2 studio flats and 3 one-bedroom flats with well-maintained multiple bathrooms, fully-equipped kitchens, spacious lounges and has several tenants currently situated.
Investment details
It currently produces an annual gross income of £31,440 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below.
If you are interested, please call us.
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
Zoopla insights
Sign in and gain expert analysis to make informed decisions
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.