Property description

This three storey HMO property is currently licensed for 6 households or 7 persons. It is located between Watt Road and Isley Road.This period four bedroom terraced property has been converted into a HMO property to allow up to 6 households or 7 persons. For the convenience of the tenants Six Ways island and the Erdington High Street is only a quarter mile away. The current owners have made the decision for ease not to maximise the rental return, however at full occupancy charging £75 per room, per week, a potential gross return of £23,000 would be achievable. Tenure: Freehold.STAMP DUTY SAVING £750 based on purchase price of £175,000*Descriptions, floor plans, measurements and photographs of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquiries to ensure that our descriptions, floor plans, measurements and photographs are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection and by your surveyor and conveyancer.Measurements supplied are for general guidance only and as such should be considered as incorrect. Tenure must be confirmed via solicitors.
*Eventual stamp duty amount due is based upon purchase price at completion, not the asking price. Although great care has been taken whilst using the new HMRC stamp duty formula, the figure shown is for illustration purposes and is subject to confirmation via your solicitor and HM Revenue and Customs. Some leasehold transactions may be calculated differently, see HM Revenue and Customs: http://www.hmrc.gov.uk/SDLT/calculate/calculators.htm

Kitchen - 21' 9'' x 8' 10'' (6.62m x 2.69m)

Bedroom 1 (was Front Reception Room) - 13' 11'' max into bay x 13' 1'' (4.24m x 3.98m)

Bedroom 2 (was Rear Reception Room) - 12' 4'' x 10' 7'' max into chimney recess (3.76m x 3.22m)

Bedroom 3 - 12' 5'' max into chimney recess x 12' 2'' (3.78m x 3.71m)

Bedroom 4 - 12' 5'' x 12' 11'' max into chimney recess (3.78m x 3.93m)

Bedroom 5 - 9' 3'' x 8' 11'' to include wardrobes (2.82m x 2.72m)

Bedroom 6 - 17' 8'' x 9' 11'' min (5.38m x 3.02m)

Storage Room - 7' 7'' x 5' 10'' (2.31m x 1.78m)

Shower Room - 5' 8'' x 5' 0'' (1.73m x 1.52m)

Bathroom - 5' 11'' x 5' 7'' (1.80m x 1.70m)

Property Features :

• Vestibule & hallway
• 6 Bedrooms
• Kitchen
• First floor shower room
• First floor bathroom