
Sherborne Grove, Birmingham, B1

- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
4
- SIZE
1,017 sq ft
94 sq m
- TENUREDescribes 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
- Licensed HMO
- Great Investment Opportunity
- Yield 10%
- 4 Double Bedrooms
- Fully Occuppied
- Great Location
- Close to Amenities
- Private Garden
- Income £37,000 p.a
- Low running costs
Description
A 5 bedroom, 3-story house in a multiple occupation (HMO) property designed to maximize income potential. This property has been with the current owners for many years and it has been a great income for them, showing that the new owners will have instant income from day one.
As you walk up to the property you are welcomed with a self contained annex, previously the garage, which comprises of a double bedroom, small kitchenette and a shower room.
As you step into the entrance hall, you are greeted with a downstairs shower room and an open-plan kitchen diner which has ample storage space with an area for a dining table and seating area. Moving towards the rear of the property, there is a low maintenance private rear garden with a storage shed to keep your garden tools.
Ascending to the first floor there are two bedrooms, one double bedroom facing the garden with wide windows letting in natural light. The bedroom on the other end of the hallway is a single bedroom with an en-suite. The second floor continues the trend with an additional two double bedrooms and a separate 3 piece bathroom for either tenant to use.
To complement the property, it provides off-street parking to the front, ensuring convenience and ease of access for tenants with vehicles.
This 5-Bed, 3-story HMO property presents an exceptional opportunity for investors seeking a lucrative income. With a focus on maximising rental potential, this property promises a strong return on investment. Don't miss out on this outstanding opportunity to capitalise on the thriving rental market.
We are required by law to comply fully with The Money Laundering Regulations 2017 and as such need to complete AML ID verification and proof /source of funds checks on all buyers and, where relevant, cash donors once an offer is accepted on a property. We use GoTo Group to complete the necessary checks, this is not a credit check and therefore will have no effect on your credit history. With effect from 1st March 2025 a non-refundable compliance fee of £40.00 + VAT per buyer / donor will be required to be paid to the GoTo Group direct when an offer is agreed and prior to a sales memorandum being issued.
EPC rating: C. Tenure: Freehold,- 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: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Driveway
- 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.
- Ask agent
Sherborne Grove, Birmingham, B1
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Visit our security centre to find out moreDisclaimer - Property reference P1361. 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 Northwood, Birmingham. 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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