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Property Investor - Wolverhampton - Ref: 95

6 bed Bedroom property to rent in Birmingham, 6
No Pets
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6 bed House of Multiple Occupation to rent.

Tew Park Road, Birmingham

£1250 pcm

Nearest stations

  Jewellery Quarter  1.2 miles
  The Hawthorns  1.3 miles
  Smethwick Rolfe Street  1.5 miles

Property Information

Ref ID: 95

Date available:

Furnishing: Not Specified

Property type: House of Multiple Occupation

 

Details

3 Year Rent to Rent with Option to Extend Upon Good Behaviour

Readymade 6 Bedroom 2 Bathroom HMO

Tew Park Road, Birmingham, B21 0TR

Rent to Landlord = £1,250 pcm

Finderâ--s Fee = £4,000 + Vat

Potential Gross Income = £2,820 pcm = £33,840 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £842 pcm = £10,104 per annum

Cashflow over 3 Years = £3,312

Self Managed = £1,180 pcm = £14,160 per annum

Cashflow over 3 Years = £42,480

For a limited time only, we have managed to secure a readymade and fully licensed 6 Bed HMO close to Birmingham City Centre.

The property is fully done to HMO specifications so it would be suitable to let to a supported housing organization.

The property is conveniently situated within proximity of all local amenities including local shops, hospital, and regular public transport links.

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Disclaimer

Property reference 95. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Investor - Wolverhampton.

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