Offers over
£400,000
5 bed flat for saleGillott Road, Birmingham B16
5 beds
5 baths
Freehold
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 is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
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 is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
Mortgage calculator
Monthly repayment
£2,000 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}