£399,000
4 bed property for sale
Reservoir Retreat, Edgbaston B16Freehold
4 beds
2 baths
EPC Rating: E
Key information
Tenure
Freehold
Council tax band
About this property
Great Location
Sleeps Four Students / Professionals
Two Bathrooms
Gross Rental Income of £34,112
Call Oakmans Today!
Potential To Increase To 6 Bedroom Ensuite And Increase Rents To Circa £60kpa
Let Until 30th June 2025
Welcome to this incredible investment opportunity in the highly sought-after location of Edgbaston! This remarkable House in Multiple Occupation (HMO) property boasts a combination of impressive features that are sure to catch the eye of astute investors and seasoned landlords alike.
One of the standout features of this property is its exceptional rental income potential, with a solid track record of generating impressive returns currently £34,112 per annum rented until 30/06/2025. Currently tenanted with a lease in place until June 2025, you can immediately start enjoying the benefits of a reliable rental income stream. This property is a dream investment for those seeking both short-term gains and long-term returns.
Introducing this large, yet homely four bed Victorian house available for students. The property has many unique features and has original character. Offering accommodation briefly comprising of; Four large bedrooms, two bathrooms - one on the ground floor, living/dining room, kitchen, laundry area, large garden and bike/storage shed.
All four bedrooms are furnished with a full-size Double bed, 32” Smart TV, wardrobe, chest of draws, desk, chair and mirror. The shower room on the 1st floor consists of a large double shower, toilet, sink vanity unit.
The living and dining room is also situated on the ground floor and consists of a 4/5 corner sofa, dining table, coffee tables, 50” Smart TV, and shelving.
Private permit parking for residence.
Green facts for the property:
- Run's on 100% renewable electricity
- Eco Boiler for water and heating
We have been advised by the owner that the property is Freehold and the council tax is band C.
Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.
Situated on a cul-de-sac Retreat and was originally built to house the workers of the nearby Edgbaston Reservoir. Within walking distance to City centre, Birmingham City Hospital, bcu & access to other Universities with great transport links: Bus, Metro, Train, Car, Bike. Local conveniences.
Bills are inclusive for this property and include gas, electric, water, fast Virgin wifi 400Mbps.
This is great location and properties in this area go quickly, Call Oakmans Today for more information.
The deposit payable is £450.00 per person. We have been advised by the owner that the property council tax is band is C.
Please note that this should be verified by your legal representative and Oakmans Estate Agents cannot be held responsible if the information is incorrect.
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Listed by
Oakmans Estate Agents
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