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SOLD STC

Forster Street

£210,000
Added on 09/10/2020
Purple Frog Property Limited, Birmingham
PROPERTY TYPE
Terraced
BEDROOMS
x4
BATHROOMS
x1

Key features

  • C4 Lawful use
  • Recent notification of granted HMO
  • Historic and recently granted notification of HMO

Property description

Tenure: Freehold

This is an HMO, student lettings property with potential to add to the improvements already carried out by the current owner which would accommodate four tenants. It is a two storey, mid  -terrace with a small courtyard to the rear and a number of improvements have been carried out in the last year.  
 The property is currently vacant, and we are in the process of carrying out a rental assessment for the 20/21 academic year. Adjusted gross return (bills separated) should be in the region of £16,000 to £16,700 to offer 7.5 to 8% AG return approximately.
HMO: A new HMO licence has been granted in September 2020. Full licence to follow. Historic HMO available.
Planning status: C4 with full planning status as an HMO. Certificate of lawful use available.
 
Accommodation
 
Ground Floor:
Hall: Stairs to first floor and door leading to cellar.
Bedroom 1: Bed, wardrobe, bedside table, radiator and double- glazed window.
Living Room: Currently configured for dining only but would offer a suitable living space. Double glazed window, radiator, dining table.
Kitchen: Storage units, sink, cooker, fridge freezer, double glazed window.  
Rear lobby: Door to courtyard, cupboard housing water tank (could be replaced and used as a storage or fridge freezer space).
Bathroom: Three - piece suite including: WC, bath (with shower above) and wash-hand basin. Obscured double - glazed window, extractor fan and tiled floor.
 
First Floor:
Bedroom 2: Bed, wardrobe, bedside table, radiator and double- glazed window.
Bedroom 3: Bed, wardrobe, bedside table, radiator and double- glazed window.
Bedroom 4: Bed, wardrobe, bedside table, radiator and double- glazed window and wash – hand basin (introduced to satisfy HMO requirements).
 
 

Energy Performance Certificates

EPC 1

Forster Street

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hyson Green Market Tram Stop0.6 miles
  • The Forest Tram Stop0.6 miles
  • Noel St Tram Stop0.7 miles
Mortgages
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Market information
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About the agent

Purple Frog Property Limited, Birmingham

189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

Purple Frog Property Limited, Birmingham

At Purple Frog, we specialise in student investment property. That’s what sets us apart from other Estate Agents.

Our vast knowledge of the market means we’re able to achieve excellent results for our clients. We do this by smoothly managing the whole sales process, anticipating and heading off any problems and objections that might arise.

You could be buying or selling, but either way, you’ll encounter the huge benefits that Purple Frog Sales brings and you’ll notice a fresh and

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Disclaimer - Property reference 49. 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 Purple Frog Property Limited, 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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