* 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 %
- Average area rental value
- 888.00 £/moDecreased by 3.06 %
- Est rental Yield
- 3.95 %Decreased by 15.42 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Bond Wolfe created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| William Murdoch Primary School | Community School | Good | 0.28 KM |
| Rookery School | Academy Converter | Good | 0.46 KM |
| Rookery Children'S Centre | Children's Centre | 0.54 KM | |
| Grove School | Community School | Good | 0.55 KM |
| V.A.S.E Academy | Other Independent School | 0.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Warstone Terrace | £ 195,000 | 0 | 0.00 KM |
| Dawson Road | £ 280,000 | 0 | 0.00 KM |
| Woodstock Road | £ 170,000 | 0 | 0.00 KM |
| Arthur Road | £ 190,000 | 0 | 0.00 KM |
| Mervyn Road | £ 195,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| The Hawthorns | 4523 | THW | 2.86 KM |
| Hamstead (Birmingham) | 1145 | HSD | 2.87 KM |
| Jewellery Quarter | 1097 | JEQ | 3.38 KM |
| Smethwick Rolfe Street | 1150 | SMR | 3.77 KM |
| Perry Barr | 1128 | PRY | 4.15 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| * RESIDENTIAL PORTFOLIO OF 9 PROPERTIES *, Birmingham, West Midlands, B21 9JR | £ 2,750,000 | BUY | 5 / 10 | 0.00 KM |
| Alfred Road, Handsworth, Birmingham, B21 9NQ | £ 225,000 | BUY | 5 / 10 | 0.11 KM |
| Alfred Road, Birmingham | £ 190,000 | BUY | 7 / 10 | 0.12 KM |
| Alfred Road, Handsworth, West Midlands, B21 | £ 170,000 | BUY | 6 / 10 | 0.13 KM |
| 107 Linwood Road, Birmingham B21 9JQ | £ 130,000 | BUY | Unknown | 0.15 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 155 Murdock Road | £ 69,000 | 0.00 KM |
| 115 Murdock Road | £ 120,000 | 0.00 KM |
| 99 Murdock Road | £ 245,000 | 0.00 KM |
| 157 Murdock Road | £ 110,000 | 0.00 KM |
| 139 Murdock Road | £ 18,150 | 0.00 KM |