Summary - 41 PIDDOCK ROAD SMETHWICK B66 3BL
6 bed 5 bath End of Terrace
Immediate rental income in a high-demand lettings location for hands-on investors.
- Producing immediate income: £2,575 pcm (£30,900 pa)
- Advertised gross yield circa 11% at asking price
- Freehold with HMO licence renewed 24 Sept 2025
- Six bedrooms, four bathrooms, purpose-configured for HMO use
- No separate living room; communal space is limited
- Small room sizes typical of HMO conversions
- Area shows high crime levels and very high deprivation
- Specialist HMO mortgage likely required; buyer's fee applies
This six-bedroom end-terrace in Smethwick is presented as a ready-made HMO investment with immediate income. Currently fully tenanted and producing £2,575 pcm (£30,900 pa), the property delivers an advertised gross yield of around 11% at the asking price. The freehold title and a recent HMO licence (renewal granted 24 Sept 2025) simplify management and allow the purchaser control over the asset.
Accommodation is arranged to maximise occupancy: six bedrooms and four bathrooms across approximately 1,216 sq ft, with several en-suites and no separate living room. Interiors have been presented in a modern neutral style with compact rooms and a contemporary kitchen — suitable for HMO lettings but limited in communal space.
Buyers should note material points plainly: the property sits in an area with high crime rates and very high deprivation, room sizes are generally small, and the building is of solid-brick construction with assumed lack of wall insulation. A specialised HMO mortgage will usually be required, and a buyer’s fee of 2% plus VAT applies on completion. These factors affect running costs, financing and re-sale considerations.
For an investor seeking immediate rent roll and a hands-on HMO in a high-demand lettings location, this offers clear cashflow from day one. For more risk-averse purchasers, the location, compact layout and additional fees mean careful due diligence is essential before proceeding.
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