Offers in region of
£240,000
(£259/sq. ft)
4 bed terraced house for saleTangmere Drive, Birmingham B35
4 beds
4 baths
1 reception
926 sq. ft
EPC Rating: C
Added on
About this property
Close to Jaguar Land Rover (jlr)
Prime location
Close to the fort shopping centre
Fully furnished. Sold as seen
Close to motorway access
4 Bed, 4 Bath Investment Opportunity Generating £28,140
All bedrooms benefit from en-suite facilities.
Private off-street parking to the rear
Excellent Investment Opportunity – Four Bedroom En-Suite HMO – Generating £28,140 Per Annum – Tangmere Drive, Castle Vale
Genie Homes are delighted to present this excellent opportunity to acquire a fully renovated four-bedroom HMO investment property, situated on Tangmere Drive in the established residential area of Castle Vale, Birmingham.
This well-presented terraced property offers four generously proportioned en-suite bedrooms, a communal living area and a modern fitted kitchen, providing comfortable and practical accommodation for professional tenants.
Fully renovated in 2019, the property is offered complete with furnishings throughout, presenting an attractive turnkey investment opportunity.
Currently generating a gross rental income of £2,345 pcm (£28,140 per annum), the property offers an established income stream and a stated gross rental yield of 11.72% at the asking price.
The property also benefits from an extensive range of compliance documentation, including gas safety, electrical safety and fire safety certification, offering additional reassurance to prospective investors.
Ideally positioned for major employment centres including Jaguar Land Rover, as well as The Fort Shopping Park and the M6 motorway network, the property occupies a convenient location with excellent transport connections.
With four private en-suite bedrooms, modern accommodation, low-maintenance gardens and off-road parking, this property represents an attractive opportunity for investors seeking an established HMO investment in Birmingham.
Investment Highlights
Four-bedroom HMO investment property
Private en-suite bathroom facilities to all four bedrooms
Fully renovated in 2019
Offered complete with furnishings throughout
Spacious communal living accommodation
Modern fitted kitchen with appliances
Gross rental income of £2,345 pcm
Gross annual rental income of £28,140
Stated gross rental yield of 11.72% at asking price
Established income-producing investment
Extensive compliance documentation available
Low-maintenance front and rear gardens
Private off-road parking to the rear
Convenient access to Jaguar Land Rover
Close to The Fort Shopping Park
Excellent access to the M6 motorway and surrounding road network
Note ( None Standard Construction)
Accommodation
Entrance Hallway
A welcoming entrance hallway providing access to the main accommodation.
Communal Living Area
A comfortable and well-presented communal living space, providing residents with a dedicated area for relaxation and socialising.
Kitchen
A modern fitted kitchen equipped with contemporary appliances and practical cooking facilities, providing convenient shared accommodation for residents.
Bedroom One
A generously proportioned bedroom benefiting from private en-suite bathroom facilities and furnishings.
Bedroom Two
A well-presented bedroom complete with private en-suite bathroom facilities and furnishings.
Bedroom Three
A spacious bedroom featuring private en-suite bathroom facilities and furnishings.
Bedroom Four
A further well-proportioned bedroom with its own private en-suite bathroom facilities and furnishings.
Outside
The property benefits from attractively finished, low-maintenance front and rear gardens.
The front garden features neat stone landscaping, creating a tidy and welcoming approach to the property.
To the rear is a generously sized garden, predominantly finished with decorative stone, providing practical outdoor space for residents without the maintenance requirements of traditional lawned gardens.
The rear also benefits from dedicated off-road parking, offering valuable convenience for residents and visitors.
EPC Rating: C
Location
Location
Tangmere Drive is situated within Castle Vale, an established residential area in the north-east of Birmingham.
The location offers convenient access to local amenities, employment centres, transport connections and the wider motorway network, making it particularly attractive to working professionals.
Castle Vale has benefited from significant regeneration and residential investment over the years, creating an established community with a range of housing, shopping and recreational facilities.
Local Amenities
Residents benefit from convenient access to a variety of local shops, supermarkets, cafés, healthcare facilities and everyday services.
The nearby Castle Vale Shopping Centre provides local retail facilities, while The Fort Shopping Park offers a wider selection of major retailers, restaurants and leisure amenities.
Additional shopping and recreational facilities can be found in nearby Erdington, Sutton Coldfield and Birmingham City Centre.
Employment Connections
One of the property's key location advantages is its proximity to major employment centres, including Jaguar Land Rover's Castle Bromwich facilities and other industrial and commercial businesses throughout north-east Birmingham.
The surrounding area also benefits from access to employment opportunities across Erdington, Minworth, Sutton Coldfield and Birmingham City Centre.
These employment connections contribute to the area's appeal among professional tenants seeking convenient accommodation.
Green Spaces & Recreation
Castle Vale offers access to a variety of parks, recreational areas and green open spaces.
Residents benefit from local walking routes, community recreational facilities and nearby parks, providing opportunities for outdoor activities and relaxation.
Transport Connections
Tangmere Drive benefits from convenient access to Birmingham's road and public transport networks.
Regular local bus services operate throughout Castle Vale, with nearby stops at Roundmoor Walk and Watton Green providing connections to surrounding areas.
Bus Route 67 provides connections towards Birmingham City Centre via Aston and Tyburn Road, while Route 71 serves destinations including Sutton Coldfield, Minworth and Chelmsley Wood.
Water Orton Railway Station is approximately two miles away, with Chester Road and Erdington stations also accessible.
The nearby A452, A38 and M6 motorway network provide convenient road connections throughout Birmingham and the wider West Midlands.
These transport links make the property particularly suitable for tenants commuting to nearby employment centres.
Area Overview
Castle Vale is an established residential community offering a combination of convenient amenities, transport connections and access to major employment centres.
Its proximity to Jaguar Land Rover, The Fort Shopping Park and the M6 motorway network makes it a practical location for working professionals seeking accessible accommodation.
The surrounding area benefits from a range of shopping facilities, public transport services and recreational amenities, contributing to its appeal as a residential rental location.
Rental Breakdown
Room 1 - £650 pcm
Room 2 - £575 pcm
Room 3 - £595 pcm
Room 4 - £575 pcm
Total gross monthly rent - £2.395pcm
Total gross annual rent - £28,740 per annum
Gross yield at asking price - 11.72%
Garden
Large stoned back garden and front garden stoned
Rear Garden
Parking to the rear multiple cars
Parking - Off Street
Dedicated off-street parking to the rear of the property.
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