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An End of Terrace Ten Bedroom HMO Producing £55,680 Per Annum.
The property comprises a ten bedroom end of terraced HMO arranged over lower ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Bordesley Green Recreation Ground are within easy reach. Transport links are provided by Stechford rail station which is just a short walk away.
Accommodation
Lower Ground Floor Basement Ground Floor Reception Room Kitchen Three Bedrooms (third bedroom with access to basement) First Floor Eight Bedrooms Two Bathrooms
Exterior
The property benefits from both front and rear gardens.
Tenancy
The property is subject to ten Assured Shorthold Tenancy's currently let out to SAP C.I.C and Birmingham City Council for Frederick Road.. For further details please refer to the legal pack.
Current Rent Reserved
Current Rent Reserved £55,680 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.