5 bed terraced house

This is a substantial property in Erdington, converted into six rooms and licensed as a House of Multiple Occupation (HMO). The property offers a communal kitchen/diner, one bathroom, and one shower room, and is let to long-term tenants on individual Assured Shorthold Tenancies (ASTs). The annual rental income is £23,820, generating a gross yield of 9.7%. The landlord is responsible for paying all utility bills, including broadband, and the property has an EPC rating of D and is in Council Tax Band B. This is an investment opportunity for someone looking for a steady income stream, with a buyer's fee of 2% of the purchase price applicable.