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If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940 5 Bed HMO Opportunity 3 Storey 5 Bedroom House with Existing HMO License Slade Road, Erdington, Birmingham, B23 7RJ Purchase Price = £234,950 Finder’s Fee = £4,000 + Vat Potential Gross Income = £2,000 pcm = £24,000 per annum CASHFLOW AFTER ALL THE ABOVE COSTS Managed = £848 pcm = £10,176 per annum Self Managed = £1,088 pcm = £13,056 per annum For a limited time only, we have managed to secure a readymade 5 bed HMO close to Birmingham City Centre. The property is currently vacant but there are 3–5 year leases available paying around £1,300 per month. However should you wish to let the property yourself, this could achieve considerably more. The property is a 3 storey house comprising 5 bedrooms, dining room, spacious and modern kitchen, ground floor shower and 1st floor bathroom. There is a possibility of turning one of the reception rooms into a 6th bedroom and making the kitchen a kitchen diner to increase the income and value of the property. The property is situated in an area that has great transport connections, close to City Centre, shopping facilities and other local amenities the city has to offer. If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940