6 bed semi-detached house for sale

Lansdowne Road, Erdington, Birmingham B24

Fully Tenanted 6 Bedroom Professional HMO | £42,900 Annual Rental Income | Erdington, Birmingham

Genie Homes is pleased to present this established, fully tenanted six-bedroom HMO investment opportunity on Lansdowne Road, Erdington, Birmingham.

Generating £3,575 per calendar month, equivalent to £42,900 in gross annual rental income, this property offers investors the opportunity to acquire an established, income-producing investment with tenants already in occupation.

Currently let to working professionals, the property benefits from full occupancy and an existing rental income stream, making it an attractive proposition for both experienced landlords looking to expand their portfolios and investors seeking an established HMO investment.

Location & Transport Links

Situated in the established residential area of Erdington, the property enjoys a convenient location with excellent access to Birmingham City Centre and surrounding employment areas.

Lansdowne Road is well positioned for local shops, supermarkets, everyday amenities and public transport services. Both Gravelly Hill and Erdington railway stations are within reach, providing convenient connections into Birmingham City Centre and beyond.

The nearby A38 and A38(M) also offer excellent road links to the city centre and wider motorway network.

Erdington has a longstanding private rental market and remains a practical choice for working professionals seeking accommodation with good transport connections and access to local amenities.

With six occupied bedrooms, an established professional tenant base and gross annual rental income of £42,900, this property represents an appealing opportunity for investors seeking an income-generating HMO in Birmingham.

For further information or to arrange a viewing, please contact Genie Homes.

Property Overview

Each bedroom has been designed with comfort, privacy and practicality in mind, offering well-appointed accommodation ideally suited to working professionals. All rooms benefit from their own en-suite bathroom, under-counter fridge/freezer and dedicated food preparation area, providing tenants with a greater level of independence and convenience than traditional shared accommodation.

Please note that the photographs were taken prior to the commencement of the current tenancies and are provided for illustrative purposes. The property's current furnishings, décor and presentation may differ from those shown.

Rental Breakdown

Room 1: £595
Room 2: £600
Room 3: £600
Room 4: £625
Room 5: £555
Room 6: £600

Gross Monthly Rental Income: £3,575
Gross Annual Rental Income: £42,900

Area Information

Location and Local Area

Situated on Lansdowne Road in the established residential suburb of Erdington, the property enjoys a convenient North Birmingham location, combining excellent transport connections with a wide range of local amenities.

Erdington High Street offers an extensive selection of supermarkets, independent shops, cafés, restaurants and essential services, while nearby Fort Shopping Park provides further retail and leisure facilities. The area's established amenities and accessibility make it a practical choice for working professionals.

Transport connections are a particular advantage, with Gravelly Hill and Erdington railway stations both within reach, offering regular services along Birmingham's Cross-City Line, including direct connections to Birmingham New Street. Frequent local bus services provide additional access to Birmingham City Centre and surrounding employment areas.

For those travelling by car, the nearby A38, A5127 and M6 motorway at Junction 6 provide excellent connectivity across Birmingham, the wider West Midlands and beyond. This accessibility is particularly appealing to professional tenants commuting to the city centre and surrounding business districts.

Residents can also enjoy a variety of nearby green spaces, including Rookery Park, Brookvale Park and Witton Lakes, while the expansive Pype Hayes Park offers further opportunities for walking, recreation and outdoor leisure.

With its combination of everyday convenience, established residential surroundings and excellent commuter links, Erdington remains an attractive location for professional tenants seeking well-connected accommodation within easy reach of Birmingham City Centre.

Buyers Fee And Reservation

Buyer's fee & reservation process

This property is offered for sale subject to a buyer's fee of 2% plus VAT of the agreed purchase price, subject to a minimum fee of £2,500 plus VAT.

Upon acceptance of an offer, a minimum of 50% of the buyer's fee is payable to secure the property and remove it from the open market. This initial payment is credited towards the total buyer's fee.

The remaining balance becomes payable following exchange of contracts and must be paid in full no later than completion of the purchase.

Our reservation process is designed to provide greater certainty, transparency and commitment for both buyers and sellers, helping to facilitate a smooth and efficient transaction.

Benefits of Our Reservation Process

Competitive Pricing: Properties are marketed at realistic asking prices to encourage genuine interest and facilitate a timely sale.

Secured Purchase: Once the reservation is agreed and the required payment received, the property is withdrawn from the open market, allowing the conveyancing process to begin promptly.

Reduced Risk of Gazumping: Removing the property from the market helps minimise the risk of competing offers being considered.

Greater Commitment: The financial commitment from the buyer provides reassurance to the seller, helping to reduce the likelihood of an unsuccessful transaction.

A Proactive Approach: Genie Homes provides a personal and straightforward service, supporting buyers and sellers throughout the purchasing process.

Reservation Fee Refund Policy

Should the purchase fail to complete, the initial reservation payment will only be refundable in the following circumstances:

1. The seller withdraws from the agreed sale.

2. The seller has not disclosed a significant issue with the property which subsequently makes it unsuitable for mortgage lending with any recognised UK mortgage lender.

In all other circumstances, the reservation payment is non-refundable, subject to applicable law.

Prospective purchasers are encouraged to familiarise themselves with these terms before submitting an offer. Full details of the buyer's fee and reservation conditions will be provided prior to any payment being made.

Disclaimer

Important notice & disclaimer

These particulars have been prepared by Genie Homes Management Ltd in good faith and are intended as a general guide to the property. Whilst reasonable care has been taken to ensure the information is accurate, details may have been provided by the seller or third parties and may be subject to change.

These particulars do not constitute an offer or form part of any contract. Prospective purchasers should satisfy themselves through appropriate inspections, surveys, legal enquiries and professional advice regarding all matters relevant to their purchase.

All measurements, dimensions, floor plans and distances are approximate and provided for guidance only. Photographs are for illustrative purposes and should not be taken as confirmation that any particular fixtures, fittings, furnishings or appliances are included in the sale.

Unless expressly stated otherwise, Genie Homes has not independently tested or verified the condition, operation or suitability of any services, appliances, installations or equipment, including gas, electrical, heating, plumbing and drainage systems. Purchasers should arrange any necessary inspections and obtain relevant professional advice.

Information relating to tenure, boundaries, planning permissions, building regulations, licences, certificates, tenancy arrangements, rental income and other legal or financial matters should be verified by the purchaser's solicitor or other suitably qualified professional. Any quoted rental income or investment returns are indicative and should not be regarded as guaranteed.

The inclusion of any fixtures, fittings, appliances or other items in the sale should be confirmed through the conveyancing process and final contractual documentation.

Genie Homes reserves the right to amend or withdraw these particulars where necessary. Nothing in this notice excludes or limits any statutory rights or legal obligations, including the requirement to provide accurate and complete material information in accordance with applicable consumer protection legislation.
Tenure

Freehold
Possession

Tenant occupied
Viewing

Viewing strictly by appointment through Genie Homes