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Summerfield Crescent, Birmingham

PROPERTY TYPE

Semi-Detached

BEDROOMS

7

BATHROOMS

7

SIZE

2,218 sq ft

206 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

Key features

  • Seven-Bedroom HMO Investment Property with En-Suite Facilities Throughout
  • Prime High-Demand Rental Locations
  • Modernised Following a Recent Refurbishment
  • Strong 12% ROI
  • Ready to Proceed – No Upward Chain
  • Gross Income of £5,175 Per Month
  • Generating £62,100 Gross Annually
  • Please Note: 2% Buyer’s Fee Applies
  • Close to Shops, Restaurants, and Essential Services

Description

NO UPWARD CHAIN | TURNKEY INVESTMENT | FULLY LET | VIEWINGS HIGHLY RECOMMENDED

A superb seven-bedroom, seven–en-suite period property located in the highly desirable Edgbaston (B16) area, offered for sale fully tenant-occupied by working professionals.

The property has benefitted from an extensive refurbishment in early 2025, including new carpets and full redecoration throughout, resulting in a bright, neutral and well-presented interior. Retaining attractive period features alongside modern finishes, this is a ready-made investment opportunity requiring no immediate works.

Set back from the main road behind a low boundary wall, the accommodation is arranged over three floors:

Ground Floor:
Two generous double bedrooms with en-suite shower rooms, a large fitted kitchen, spacious communal lounge, separate laundry room and additional WC.

First Floor:
Three well-proportioned double bedrooms, each benefitting from its own en-suite bathroom.

Second Floor:
Two further large double bedrooms, both with private en-suite facilities.

The property is currently generating a gross monthly income of £5,175, equating to a gross annual income of £62,100, making it an exceptional investment in a prominent and consistently high-demand rental location.

Offered with no upward chain. Early viewing is strongly advised to appreciate the scale, condition and income potential of this outstanding property.

Property Overview - Bedroom 1 - Ground Floor Front - 4.52 (max) x 4.17 (14'10" (max) x 13'8") - With double glazed bay window, fully carpeted, double radiator, En-suite Shower cubical, wash hand basin and low level W/C. Front aspect

Bedroom 2 - Ground Floor Rear - 4.00 x 3.00 (13'1" x 10'8") - With double glazed window and wall mounted radiator. Fully carpeted, En-suite Shower cubical, wash hand basin and low level w/c, rear aspect.

Bedroom 3 - First Floor Front - 6.00 x 4.00 (10'8" x 13'1") - With two double glazed windows, fully carpeted, double radiator on wall, En-suite Shower cubical, wash hand basin and low level w/c ,front aspect.

Bedroom 4 - First Floor Front - 4.00 x 2.80 (12'1" x 9'2") - With double glazed window ,fully carpeted, double radiator on wall. rear aspect.

Bedroom 5 - First Floor Rear With En-Suite - 5.09 (max) x 3.30 (12'1" (max) x 9'2") - With double glazed window and wall mounted radiator. fully carpeted. off suite bathroom comprising of WC, Hand Basin and panel bath.

Bedroom 6 - second Floor Rear With En-Suite - 5.63 (max) x 3.36 (18'5" (max) x 11'0") - With double glazed window and wall mounted radiator. Fully carpeted with hard wearing carpet. Includes built in wardrobe. Ensuite bathroom comprising of WC, Hand Basin and Shower, with window to side elevation

Bedroom 7 - Second Floor Front With En-Suite - 3.98 x 2.00 (13'0" x 6'6") - With double glazed window and wall mounted radiator. Fully carpeted with hard wearing carpet. Includes built in wardrobe. Ensuite bathroom comprising of WC, Hand Basin and Shower.

Kitchen - 4.79 x 3.46 (15'5" x 11'3") - Large kitchen with ample space. With wall mounted and floor level units, a double oven and gas hob, stainless steel sinks, all white goods, and striking black and white flooring.

Lounge - 6.00 x 3.44 (19'11" x 11'3") - Large double glazed window with rear aspect, double glazed window with side aspect, door to rear garden, striking black and white flooring.


Ground floor W/C - Comprising of WC and hand basin

Rental Breakdown - Room 1 £750
Room 2 £775
Room 3 £725
Room 4 £650
Room 5 £850
Room 6 £725
Room 7 £700

Gross monthly rental £5,175
Gross Annual rental £62,100
Gross Yield 12%

Area Description - Edgbaston - Edgbaston is a suburb of Birmingham, located in the West Midlands region of England. It is situated approximately 3 miles southwest of the city centre and is easily accessible by public transport, including buses and trains.

Edgbaston is known for its affluent character and has a range of local amenities including supermarkets, restaurants, and shops. There are also several parks and green spaces in the area, including Cannon Hill Park and the Edgbaston Reservoir. The suburb has a number of cultural and recreational facilities, including the Edgbaston Cricket Ground and the Birmingham Botanical Gardens.

In terms of proximity to Birmingham city centre, Edgbaston is relatively close and easily accessible by public transport. The journey from Edgbaston to the city centre by train takes around 10 minutes. There are also regular bus services between the two locations.

Buyers Fee And Reservation - This sale is SUBJECT TO A 2% PLUS VAT BUYERS FEE based on the agreed sale price at a minimum fee of £2500 plus VAT.

If you make an offer and it is accepted, a minimum of 50% of the fee is payable in order to take the property off the market.

The benefits of a buyers fee to the buyer are:
- Properties are advertised at a reasonable purchase price in order to encourage a quick sale.
- This approach allows you to secure the property and start the conveyancing process
quickly.
- Reservation of the property removes the element of competitive bidding and also the possibility of being
gazumped.
- The risk of the sale falling through is minimized on both sides, buyers are committed financially and vendors know that buyers are serious.
- All of these elements provide peace of mind from the outset, along with our personal and proactive approach. Genie Homes pride ourselves on our simple and secure buying process.

Please note: Should the property purchase not complete, the reservation fee will be refundable in ONLY these circumstances;
1. The vendor has withdrawn from the sale
2. The vendor has not disclosed details regarding the property that affects mortgage / mortgage ability. (For example, unforeseen significant structural movement as indicated by a structural survey.)

Disclaimer - Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property.

TENURE
Freehold

POSSESSION
Tenant Occupied

VIEWING
Viewing strictly by appointment through Genie Homes

Brochures

Summerfield Crescent, BirminghamBrochure
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: D
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.
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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About Genie Homes, Birmingham

1668 Bristol Road South Rubery Rednal Birmingham B45 9TY
Industry affiliations:Industry affiliation logo 0

Genie Homes, based in Birmingham and the Black Country, are the areas most dedicated HMO and letting enthusiasts. Combining 50 years of property experience and an intimate knowledge of Birmingham's letting and HMO letting scenes, we go the extra mile to provide a quality service for investors, landlords and our tenants.

Situated in Longbridge, we have a team of knowledgeable and driven staff that cover all corners of the Birmingham market. Whether it's booking a viewing, asking for help with your portfolio or checking your property is fully compliant with up to date legislation, no task is too small.

Working in the professional lettings market our aim is to provide tenants with the highest quality accommodation in the sector. Much of our stock has been designed by us from start to finish using our trusted workforce so tenants can look forward to the most aesthetic, practical and comfortable rooms and studios Birmingham has to offer.

Our systems ensure that the lettings process for tenants is seamless and efficient. We provide a quick and thorough application process to enable a fast move in. Maintenance software guides you through any issues you may have and alerts us to the problem swiftly, and our dedicated property manager is there to take your hand and help you every step of the way.

For landlords the message is simple. Genie Homes aim to:

- Offer the right advice in an ever-changing lettings landscape.

- Provide all the support you need. From letting and rent collection to maintenance and cleaning.

- To successfully let your property to the professional market.

- Remove the headache of managing your own portfolio by providing a totally hands off package.

We're looking forward to hearing from you.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£2,417
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 34375208. 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 Genie Homes, 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.

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