Summary - 727 CHESTER ROAD ERDINGTON BIRMINGHAM B24 0BY
6 bed 6 bath Terraced
Fully tenanted HMO with immediate income and strong gross yield.
Six bedrooms, six bathrooms — configured as a full HMO
A ready-made income property in Erdington, this six-bedroom, six-bathroom mid-terrace is offered freehold and fully tenanted, delivering immediate cashflow. Current rent roll and a separately rented garage produce a reported monthly income of £3,750 (annual £45,000), giving a gross yield around 16% at the asking price — attractive for yield-focused buyers.
The layout suits HMO operation: each bedroom has an en-suite or dedicated bathroom, a communal living/dining room and a 15.7 sqm kitchen equipped with appliances. The building is an early-20th-century brick terrace with double glazing and central heating via mains gas boiler and radiators, supporting straightforward management and tenant appeal close to Birmingham city centre and major motorway links (M6, M5, M42).
Important considerations: the property sits in an area classified as deprived with above-average local crime statistics, which may affect tenant mix and long-term capital growth. The walls are solid brick with no known insulation (assumed), so energy improvements could be required to raise efficiency or future EPC rating. A buyers’ fee of 2% plus VAT is applied on completion and should be factored into acquisition costs.
For investors seeking an operational HMO with immediate yield and room to add value through efficiency upgrades or redecoration, this property is a pragmatic option. Conduct a full HMO compliance check, validate tenancy paperwork and service records, and arrange a survey to confirm condition and any insulation or structural matters before exchange.
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