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Two Gates, Halesowen, West Midlands, B63

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • FOR SALE BY PUBLIC AUCTION
  • Fantastic Yield
  • £37,140 rent per annum
  • Modern Kitchen/Diner
  • Six Bedrooms
  • Fully Licensed HMO
  • All bedrooms with En-suite
  • PLEASE DOWNLOAD LEGAL PACK ON BENJAMIN STEVENS AUCTIONS WEBSITE

Description

For Sale By Public Auction

This property in Halesowen is a high-spec 6-bedroom HMO (House in Multiple Occupation), each with en-suite bathrooms and food prep areas. This property has maintained high occupancy and is an ideal investment opportunity. The house is located on a quiet street in the B63 area, attractive to professional tenants working in the Black Country and Birmingham outskirts.

The ground floor features 2 studio rooms with open-plan living areas, while the first floor has 4 additional rooms, all fully furnished with en-suites and kitchen facilities.

The property offers a family-like atmosphere, with tenants maintaining tidy communal areas. Utility bills are included in the rent, and energy-efficient systems are in place to minimize costs. The location is convenient, with ample on-road parking and easy access to local amenities.

• Room 1 – £495, moved in on 27/09/2022, now on a periodic tenancy.
• Room 2 – £495, moved in on 21/02/2025, under a new AST.
• Room 3 – £500, moved in on 16/01/2025, under a new AST.
• Room 4 – £450, moved in on 15/02/2023, now on a periodic tenancy.
• Room 5 – £575, moved in on 16/05/2024, now on a periodic tenancy.
• Room 6 – £500, scheduled to move in on 04/09/2024, under a periodic tenancy.


Please download the legal pack on the Benjamin Stevens AUCTIONS website.

Buyers Administration
Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit
(subject to minimum of £5,000, whichever is the greater) and a Buyers
Administration Fee of £2,000 and contracts are exchanged.

The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the
auction (unless otherwise stated in the legal pack or on the sales details).

To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Click
onto the property, follow the link to “Log in/register to bid” You will then be
directed to create an auction passport account through our partners, the
Essential Information Group.

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Private garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Two Gates, Halesowen, West Midlands, B63

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About Benjamin Stevens, Edgware

194 Station Road, Edgware, HA8 7AT

Benjamin Stevens Estate Agents was launched in January 2004. It operates with large and successful Sales (Residential and Commercial), Lettings and Property Management departments spread over two branches, and a well-established Block Management practice.

Our agents have vast local experience and knowledge and provide a professional service that is both courteous and efficient. Whether you are purchasing for the first time, wanting to upsize, downsize, or are relocating to the area, Benjamin Stevens has developed a reputation for providing exceptional customer service where the only goal on the table is your complete satisfaction and finding you your dream property.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,192
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference BNJ_BNJ_LFSYCL_688_1027390047. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Benjamin Stevens, Edgware. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Benjamin Stevens, Edgware on 020 3907 2994.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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