Reservoir Retreat

£399,000
4 Bedrooms
2 Bathrooms

Property Summary

A four bedroom student let in popular location, furnished to a high standard with  potential to add bedrooms and increase capital value and rental income. Current return of around 8%!

Full Details

A four bedroom student let, with four tenants in situ offering a high standard of accommodation. There is potential to increase the accommodation to add bedrooms, capital value and rental income.
 
Current income: £35,000 inclusive of bills. An application for C4 status has been submitted and the property is HMO licenced. Please note that the property is currently let until June 2025. 
 
Accommodation and overview:
 
Private Permit Parking for residence
 
Good access to: The city centre, Birmingham City Hospital, BCU
 
Intercom system & entrance hall leading to second front door for extra security
4 large bedrooms: all furnished with full size Double bed, 32” Smart TV, wardrobe, chest of draws, desk, chair & mirror.
Shower room: on 1st floor, with large double shower, toilet, sink vanity unit.
Bathroom: on ground floor with bath, shower, sink, toilet, towel rad.
Fully fitted kitchen: Plenty of storage facilities allowing at least 2 cupboards and 1 drawer per person, cooker, hob, fridge freezer, dishwasher, microwave, Kettle...
Laundry area: with washing machine, Essential kit inc. Vacuum, cleaning kit, iron & board.
Living & dining room: 4/5 corner sofa, dining table, coffee tables, 50” Smart TV, shelving
Large Garden: artwork with benches, drying line
Bike/storage shed
Security Alarm
 
Green Considerations::
Run's on 100% renewable electricity
Eco Boiler for water and heating
Double glazing
A rated appliance’s
Recycling facilities
Bike shed