Property Investor - Wolverhampton - Ref: 391

Property Information

Ref ID: 391

Date available:

Furnishing: Not Specified

Property type: Semi-Detached House

 

Details

3 Year + Rent to Serviced Accommodation Opportunity

Large 6 Bed Semi Detached House

Algernon Road, Birmingham, B16 0HX

Rent To Landlord = £4,500 - INCLUSIVE OF BILLS

Finderâ--s Fee = £4,800

Potential Gross Income Based on 70% Occupancy = £7,662 pcm = £91,944 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £583 pcm = £6,996 per annum

Cashflow Over 3 Years = £20,988

Self Managed = £1,962 pcm = £23,544 per annum

Cashflow Over 3 Years = £70,632

For a limited time only, we have managed to secure a six bedroom rent to serviced accommodation opportunity within proximity to Birmingham City Centre.

The property has recently been refurbished.

The accommodation briefly comprises :

• Ground Floor : Fitted kitchen and a large double bedroom with ensuite on the ground floor which offers extended living space and access to the rear garden.


• First Floor : Boasts a further three double bedrooms with ensuite


• Second Floor : A further two double bedrooms with ensuite.


• All bedrooms offer new double beds and mattresses.

The property benefits from electric heating and on road parking with no restrictions.

The property is conveniently situated in a perfect location close to excellent transport connections, city centre, local shops, and all local amenities the city has to offer.