Under Offer

Birmingham – Portfolio of 38 HMO studios located in the sought after area of Bearwood

Offers in excess of £2,400,000

Property Types:
Portfolio, Residential
Sub Types:
Block of Flats, HMO, Investment, Multiple Flats
Tenure:
Freehold

Description

  • Freehold
  • Portfolio of 38 HMO letting studio rooms
  • Located in sought after area of Bearwood, close to Birmingham city centre (2.2 miles)
  • Excellent transport links, being just3 miles from the M5 motorway
  • Recently refurbished to a high standard and in excellent condition throughout
  • Estimated Rental Value (ERV) of £269,200 per annum

Offers are invited in excess of £2,400,000, reflecting an attractive Gross Yield of 11.21% (based upon the ERV)

Subject to contract