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Contact Property Investors App

Property Investors App

Posting for 2+ years
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West Bromwich - Readymade 7 Bedroom HMO Opportunity - Click for more info

Sandwell, West Midlands

£385,000.00

Property Investors App

Posting for 2+ years

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Contact Property Investors App


propertyinvestorsapp.co.uk

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Posted
16 hours ago
Seller Type
Agency
Property Type
House
Number Of Bedrooms
7

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Readymade 7 Bedroom HMO Opportunity

Beeches Road, West Bromwich, B70 6QB

Purchase Price = £385,000

Finder’s Fee = £5,000 + Vat

Potential Gross Income = £2,475 pcm = £29,700 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £825 pcm = £9,900 per annum

Self Managed = £1,122 pcm = £13,464 per annum

For a limited time only, we have managed to secure a readymade and fully furnished 7 bed property which is perfect and for a HMO opportunity in West Bromwich.

The property comprises of :

7 Bedrooms
4 Bathrooms
Communal Lounges
Communal Kitchens
The property was previously used as a care home, and we believe it is still registered as a care home. Should anyone wish to use the property as a HMO, they would need to get the correct consents. The property is not within an Article 4 area.

All the bedrooms has fire doors and the fire alarm is already in place

The property is in excellent condition. It is currently vacant but with a good rental demand in the area, once rented, it could achieve great cashflow.

The property is conveniently situated in a location within proximity to great transportation links, Town Centre, local shops, and all local amenities.

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1404063064


Disclaimer

This advertisement and the information related to it are provided and maintained by the advertiser. Gumtree.com is not responsible and can not guarantee the accuracy or completeness of this advertisement. Please note that every advertisement for rent or for sale should at a minimum, display the energy performance rating of the property. See our Flats and Housing Posting Rules for more information.

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