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Gillott Road, Birmingham

PROPERTY TYPE

House

BEDROOMS

6

BATHROOMS

3

SIZE

1,927 sq ft

179 sq m

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

Description

Open House Edgbaston are pleased to present this investment property semi detached 6 bed HMO in Edgbaston.

A fully tenanted six bed licenced HMO in a prime location only 2.3 miles to Birmingham City Centre, 1.5 miles to Five Ways Island, 1 mile from Birmingham City Hospital and 1 mile from the New Midland Metropolitan Hospital. Potential to increase to 7 bed HMO STPP.

Briefly comprising of central heating, part double glazing, large garden, fully tenanted for continued income (subject to tenancy retention and transfer to new landlord). Tenure: Freehold. * N.B. Some photos used in marketing were taken before tenants took occupation.

On the ground floor we have 1 double bedroom, communal lounge, shower room and kitchen diner. Shower room that consists of a shower, toilet and hand basin.

On the first floor we have the 2 double rooms, 1 large double bath and shower room. Bathroom room that consists of a bath, separate shower cubicle, hand basin & toilet.

On the second floor we have the remaining 2 double rooms, Bathroom & separate WC.
Bathroom room that consists of a bath, separate shower cubicle, hand basin & toilet.
WC consist of hand basin and toilet.

The rooms come fully furnished and are rented with all bills included.

Rental Income:
Room 1: £600 pcm
Room 2: £575 pcm
Room 3: £575 pcm
Room 4: £599 pcm
Room 5: £549 pcm
Room 6: £525 pcm

Total £3423 pcm = £41,076 annual

Proof Of Funds required for viewings
LDC in place

Brochures

Gillott Road, Birmingham
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: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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

Gillott Road, Birmingham

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Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,861
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 33660985. 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 Open House Estate Agents, Nationwide. 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.

*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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