A Freehold Thirteen Bedroom Mid Terrace HMO Comprising Thirteen En-suite Letting Rooms. Eleven Rooms are Let Producing £76,404 per annum. The ERV Once Fully Let is £89,484 per annum.
The property comprises a recently refurbished mid terrace 13 bedroom HMO arranged over ground and two upper floors. All of the rooms are double rooms with en-suites and kitchenettes.
Location
The property is situated on a residential road in Smethwick close to local shops and amenities. The open spaces of Victoria Park are within easy reach. Transport links are provided by Smethwick Rolfe Street rail station.
Exterior
The property benefits from off street parking, communal rear garden and Room 13 benefits from a private roof terrace. Current Rent Reserved £76,404 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.