Norfolk Road, Erdington, B23

Property Description

****** 5 BED, 5 BATH TURNKEY HMO – FULLY TENANTED ****** Key Investment Features: Fully Tenanted HMO – generating £3,160 PCM / £37,920 PA 9.84% Gross Yield – immediate income for investors Turnkey Investment – fully furnished and sold as seen Fully HMO Compliant & Licensed – let with confidence EPC Rating D | Council Tax A | Freehold High Rental Demand Area – ideal for professional tenants Excellent Transport Links – easy access to Birmingham City Centre, M6,M5 & M42. Private Rear Garden & Front Parking – modern communal spaces LED Lighting & Modern Finishes Throughout – stylish and functional

Rental Breakdown

Room rents Room 1 £615 Room 2 £600 Room 3 £645 Room 4 £625 Room 5 £675 Monthly income of £3,160 Annual income of £37,920.

Buyers Fee and Reservation

Genie Homes pride ourselves on our simple and secure buying process. This sale is subject to a 2% plus VAT Buyers Fee and this is based on the agreed sale price. Please contact us to arrange a viewing. We will ask you to provide proof of funds and photographic identification prior to attending, to make sure we cause minimal disruption to any tenants that may reside at the property. Once you have viewed the property, we will ask you for feedback. If you make an offer and it is accepted, the full 2% plus VAT is then applicable in order to take the property off the market within 2 working days of your offer. 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 The vendor has withdrawn from the sale 2.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- ability. (For example, unforeseen significant structural movement as indicated by a structural survey.) The benefits of a buye...

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 genera...