£1,250,000

19 bedroom house of multiple occupation for sale

Pennant Road, Cradley Heath B64
19 bed · 19 bath

Key information

  • TenureFreehold
  • Council taxBand G

Features and description

  • 19 Bedrooms HMO
  • Street Parking
  • Buy-to-Let Opportunity
  • Tenant Currently Situated
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

A 19 bedroom HMO located in Cradley Heath currently fully occupied. There are various valuable amenities within walking distance of the property and it is able to generate fantastic rental returns.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The property features 19 bedrooms all with en-suites, 3 kitchen/diners, 3 laundry rooms with on street parking, and has several tenants currently situated.

Investment details

It currently produces an annual gross income of £120,900 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

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Location

Pennant Road, Cradley Heath B64