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Fountain Road, Edgbaston, B17

Property ID: 3385
91 Fountain Road, Edgbaston, Birmingham, B17 8NP,
United Kingdom
£695,000 Under Offer
Buy £
  • 285
  • 0
  • 8 Bedrooms
York Laurent
York Laurent
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Description

Tenure: Freehold

8 high-quality HMO studios situated in Edgbaston, offering stylish living in a great location and a great return for investors. £63,660 gross annual income providing a good yield of 9.2% gross, and equating to 6.7% after management fees and utilities. Managed by a specialist HMO company locally.

• 8 self-contained HMO studios set within large residential building
• Recently renovated and furnished to exceptionally high quality
• Sizable garden, cycle store and off-street parking
• Fully let to young professionals on ASTs
• All rooms have double beds, ensuites and kitchenettes
• Property is fully HMO, building regs and fire safety compliant

LOCATION INFORMATION

• Located on an attractive residential road in Edgbaston, an affluent suburban area
• Excellent transport links into Birmingham City Centre
(10-15 minutes), the UK’s second largest City
• Second major UK city for residential price growth of 7.3% in 2017
• Exceptionally popular city for young professionals
• Large UK corporates moving HQ’s to Birmingham including HSBC and HMRC
• Ongoing major transport and infrastructure projects such as HS2 (which will reduce journey time to London to 49 minutes)

Additional Information

Garden: Yes
City: Birmingham

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