Summary - 102 GILLOTT ROAD BIRMINGHAM B16 0ES
6 bed 3 bath House
**Standout Features:**
- Six-bedroom semi-detached HMO with potential to increase to seven (Subject to Planning Permission).
- Fully tenanted, generating a substantial rental income of £41,076 annually, offering immediate cash flow.
- Located just 2.3 miles from Birmingham City Centre and near major hospitals.
- Large garden space and generous communal areas for tenants.
- Freehold tenure providing long-term investment stability.
**Notable Concerns:**
- High crime rate in the area.
- Property requires ongoing maintenance and some cosmetic updates.
**Summary Description:**
Welcome to this excellent investment opportunity in the bustling area of Edgbaston, Birmingham. This spacious six-bedroom home, currently licensed as an HMO, is fully tenanted and reaps the benefits of a lucrative rental income. Boasting a generous layout with communal areas, modern kitchen facilities, and multiple bathrooms, this property is suitable for accommodating a range of tenants while ensuring comfort and convenience.
Enjoy the advantage of outdoor living with a large garden providing a retreat for residents. The property's proximity to local amenities, transport links, and hospitals enhances its attractiveness for renters. Although the area presents some challenges, including a higher crime rate and the need for cosmetic maintenance, this home’s potential for appreciation and rental yield could prove beneficial for savvy investors looking to expand their portfolio.
Don’t miss your chance to secure this prime property ripe for growth—opportunities like this don’t last long!
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