Key info
6Bedrooms
6Bathrooms
0 sqmSize
Property description
Strategy: HMO
For Sale By Public Auction
This property in Halesowen is a high-spec 6-bedroom HMO (House in Multiple Occupation), each with en-suite bathrooms and food prep areas. This property has maintained high occupancy and is an ideal investment opportunity. The house is located on a quiet street in the B63 area, attractive to professional tenants working in the Black Country and Birmingham outskirts.
The ground floor features 2 studio rooms with open-plan living areas, while the first floor has 4 additional rooms, all fully furnished with en-suites and kitchen facilities.
The property offers a family-like atmosphere, with tenants maintaining tidy communal areas. Utility bills are included in the rent, and energy-efficient systems are in place to minimize costs. The location is convenient, with ample on-road parking and easy access to local amenities.
• Room 1 – £495, moved in on 27/09/2022, now on a periodic tenancy.• Room 2 – £495, moved in on 21/02/2025, under a new AST.• Room 3 – £500, moved in on 16/01/2025, under a new AST.• Room 4 – £450, moved in on 15/02/2023, now on a periodic tenancy.• Room 5 – £575, moved in on 16/05/2024, now on a periodic tenancy.• Room 6 – £500, scheduled to move in on 04/09/2024, under a periodic tenancy.
Please download the legal pack on the Benjamin Stevens AUCTIONS website.
Buyers AdministrationFee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit(subject to minimum of £5,000, whichever is the greater) and a BuyersAdministration Fee of £2,000 and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.The auction conditions require a full legal completion 28 days following theauction (unless otherwise stated in the legal pack or on the sales details).
To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Clickonto the property, follow the link to “Log in/register to bid” You will then bedirected to create an auction passport account through our partners, theEssential Information Group.
Sourced reference: 157131419
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Benjamin Stevens
Edgware
Smart support to move your deal forward
What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network