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On Hold

Super X Bed Pro HMO

Chester Road Erdington
Asking Price
£TBC
Gross Yield
TBC%
5
3
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Overview

InvestmentTBC
Gross£42.5K/4.25%
Net£36.5K/3.7%
RegionWest Midlands
TenantWorking
SPV HeldN/A
ManagementN/A
TenancyN/A
LicenseYes
Bedrooms5
Bathrooms3
Occupants5

Description

A well-located House in Multiple Occupation (HMO) property offering strong rental yields and diversified income streams. The property presents an attractive investment opportunity with established tenancies and good growth potential.

Financials

FinancialsMonthlyAnnual
Gross Rent£3,542£42,500
Utilities£12£142
Net Rent£3,530£42,358

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£699,999
Deposit
£300,000
Monthly Payment
£4,299
Repayment
Est. Rent / mo
£3,542

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeHouse
Sub TypeMid-Terrace
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageSingle
GardenRear
ParkingOff-Road
No Parking spaces5
Listed BuildingNo
Current EPC RatingN/A
Potential EPC RatingN/A
Sq FtN/A

Management

HMO Management TypeN/A
Monthly Management£0
Management RateN/A

Management Notes

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant typeWorking
Tenancy TypeN/A
12 Month Occupancy100
OccupancyVacant
No of Units5
No of Occupants5
TypeStatusAmount
1. RoomN/A£550
2. RoomN/A£550
3. RoomN/A£620
4. RoomN/A£550
5. RoomN/A£600
6. RoomN/A£670
Total£3,540

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£120
TV licenseN/A
Insurance£22
Council TaxN/A
Total£142

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

HMO License Information

HMO License RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2025-01-30
HMO Licensing CostN/A
No of Persons6
Units of Accommodation6
AuthorityBirmingham City Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Chester Road Erdington· B24 0BY

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