7 bedroom house of multiple occupation for sale

>

7 bedroom house of multiple occupation for sale

Bearwood Rd - 5 Bed HMO + 2 x Studio Flats , Smethwick, B66
£480,000

Our Summary

  • The OPA is delighted to present this superb, ready-made HMO investment opportunity, comprising two self-contained flats and a five-bedroom HMO
  • TENURE & INVESTMENT OPPORTUNITY
  • Cash buyers preferred
  • Cash purchasers preferred

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: This impressive freehold property in Smethwick, Birmingham, offers a ready-made HMO investment opportunity with two self-contained flats and a five-bedroom HMO, generating £3,985 per month (£47,820 per annum) on AST agreements. The property features modern interiors, fully furnished, and communal facilities including bathrooms and a kitchen/diner. Located in a high-demand area with excellent local amenities and public transport links, the property benefits from a consistent tenant demand, making it an ideal investment choice. The property is currently tenanted, and the seller is willing to sell with the benefit of existing AST tenancies in place. With Birmingham being one of the fastest-growing UK cities for property price growth, this is an excellent opportunity to invest in the city.