* RESIDENTIAL PORTFOLIO OF 9 PROPERTIES *, Birmingham, West Midlands, B21 9JR
BO

* RESIDENTIAL PORTFOLIO OF 9 PROPERTIES *, Birmingham, West Midlands, B21 9JR

By Bond Wolfe

£ 2,750,000

Reviews

2 out of 5 stars

Bond Wolfe says ..

9 fully let Income Producing HMO and Single Let Properties In West Midlands producing £233, 416 per annum,

Property Oracle says ..

This listing presents a portfolio of nine residential properties located in Handsworth, Birmingham. The properties encompass a mix of HMOs (Houses of Multiple Occupancy) and single-let units. The portfolio generates a significant annual rental income of £233,416, suggesting a strong investment opportunity for a buyer. The location offers access to local schools with ‘Good’ Ofsted ratings, and various train stations are within a reasonable distance. However, the image quality and lack of crucial data about individual property details make a thorough analysis challenging. The absence of information on the size of each property, individual property condition, and exact rental yields per unit severely limits the ability to determine the overall value and profitability of the investment.

The images reveal a variety of property types and conditions within the portfolio; some appear modern and well-maintained, while others look older and might require renovation. The presence of small yards is noted, but further details on plot sizes are absent. The surrounding area showcases properties with a range of prices, indicating potential price variation depending on the size and condition of each unit in the portfolio.

To fully assess the value and potential risks of this investment, it is strongly advised that prospective buyers request a comprehensive property survey and detailed financial documentation showing the breakdown of rental income and expenses for each of the nine properties. This additional information will allow for a well-informed decision about this residential investment opportunity.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
2
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
269,990.00 £
Increased by 14.67 %
from 235,441.00 £
Average area rental value
888.00 £/mo
Decreased by 3.06 %
from 916.00 £/mo
Est rental Yield
3.95 %
Decreased by 15.42 %
from 4.67 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Bond Wolfe created the listing.

Nearby Schools

NameTypeOfstedDistance
William Murdoch Primary SchoolCommunity SchoolGood0.28 KM
Rookery SchoolAcademy ConverterGood0.46 KM
Rookery Children'S CentreChildren's Centre0.54 KM
Grove SchoolCommunity SchoolGood0.55 KM
V.A.S.E AcademyOther Independent School0.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Warstone Terrace £ 195,00000.00 KM
Dawson Road £ 280,00000.00 KM
Woodstock Road £ 170,00000.00 KM
Arthur Road £ 190,00000.00 KM
Mervyn Road £ 195,00000.00 KM

Nearby Transport

NameNLCTLCDistance
The Hawthorns4523THW2.86 KM
Hamstead (Birmingham)1145HSD2.87 KM
Jewellery Quarter1097JEQ3.38 KM
Smethwick Rolfe Street1150SMR3.77 KM
Perry Barr1128PRY4.15 KM

Nearby Listings

AddressPriceTypeScoreDistance
* RESIDENTIAL PORTFOLIO OF 9 PROPERTIES *, Birmingham, West Midlands, B21 9JR £ 2,750,000BUY5 / 100.00 KM
Alfred Road, Handsworth, Birmingham, B21 9NQ £ 225,000BUY5 / 100.11 KM
Alfred Road, Birmingham £ 190,000BUY7 / 100.12 KM
Alfred Road, Handsworth, West Midlands, B21 £ 170,000BUY6 / 100.13 KM
107 Linwood Road, Birmingham B21 9JQ £ 130,000BUYUnknown0.15 KM

Nearby Properties

AddressPriceDistance
155 Murdock Road £ 69,0000.00 KM
115 Murdock Road £ 120,0000.00 KM
99 Murdock Road £ 245,0000.00 KM
157 Murdock Road £ 110,0000.00 KM
139 Murdock Road £ 18,1500.00 KM