Tangmere Drive, Birmingham, B35

Excellent Investment Opportunity – Four Bedroom En-Suite HMO – Generating £28,140 Per Annum – Tangmere Drive, Castle Vale

Genie Homes are delighted to present this excellent opportunity to acquire a fully renovated four-bedroom HMO investment property, situated on Tangmere Drive in the established residential area of Castle Vale, Birmingham.

This well-presented terraced property offers four generously proportioned en-suite bedrooms, a communal living area and a modern fitted kitchen, providing comfortable and practical accommodation for professional tenants.

Fully renovated in 2019, the property is offered complete with furnishings throughout, presenting an attractive turnkey investment opportunity.

Currently generating a gross rental income of £2,345 PCM (£28,140 per annum), the property offers an established income stream and a stated gross rental yield of 11.72% at the asking price.

The property also benefits from an extensive range of compliance documentation, including gas safety, electrical safety and fire safety certification, offering additional reassurance to prospective investors.

Ideally positioned for major employment centres including Jaguar Land Rover, as well as The Fort Shopping Park and the M6 motorway network, the property occupies a convenient location with excellent transport connections.

With four private en-suite bedrooms, modern accommodation, low-maintenance gardens and off-road parking, this property represents an attractive opportunity for investors seeking an established HMO investment in Birmingham.

Investment Highlights

• Four-bedroom HMO investment property

• Private en-suite bathroom facilities to all four bedrooms

• Fully renovated in 2019

• Offered complete with furnishings throughout

• Spacious communal living accommodation

• Modern fitted kitchen with appliances

• Gross rental income of £2,345 PCM

• Gross annual rental income of £28,140

• Stated gross rental yield of 11.72% at asking price

• Established income-producing investment

• Extensive compliance documentation available

• Low-maintenance front and rear gardens

• Private off-road parking to the rear

• Convenient access to Jaguar Land Rover

• Close to The Fort Shopping Park

• Excellent access to the M6 motorway and surrounding road network

• Note ( None Standard Construction)

Accommodation

Entrance Hallway

A welcoming entrance hallway providing access to the main accommodation.

Communal Living Area

A comfortable and well-presented communal living space, providing residents with a dedicated area for relaxation and socialising.

Kitchen

A modern fitted kitchen equipped with contemporary appliances and practical cooking facilities, providing convenient shared accommodation for residents.

Bedroom One

A generously proportioned bedroom benefiting from private en-suite bathroom facilities and furnishings.

Bedroom Two

A well-presented bedroom complete with private en-suite bathroom facilities and furnishings.

Bedroom Three

A spacious bedroom featuring private en-suite bathroom facilities and furnishings.

Bedroom Four

A further well-proportioned bedroom with its own private en-suite bathroom facilities and furnishings.

Outside

The property benefits from attractively finished, low-maintenance front and rear gardens.

The front garden features neat stone landscaping, creating a tidy and welcoming approach to the property.

To the rear is a generously sized garden, predominantly finished with decorative stone, providing practical outdoor space for residents without the maintenance requirements of traditional lawned gardens.

The rear also benefits from dedicated off-road parking, offering valuable convenience for residents and visitors.

Rental Breakdown

Room 1 - £650 pcm
Room 2 - £575 pcm
Room 3 - £595 pcm
Room 4 - £575 pcm

Total gross monthly rent - £2.395pcm
Total gross annual rent - £28,740 per annum

Gross yield at asking price - 11.72%

Garden

Large stoned back garden and front garden stoned

Rear Garden

Parking to the rear multiple cars

Parking - Off street

Dedicated off-street parking to the rear of the property.