374 High Street, Smethwick, West Midlands, B66 3PJ
- Unconditional Online Sale
- Offers in Excess of : £450,000
- Bedrooms: 6
- Bathrooms: 6
- Reception Rooms: 1
Fully Licensed 6-Bed All-Ensuite HMO | £49,776 Annual Income | 11.06% Gross Yield | Prime West Midlands Location | Near Major Employers & Amenities | Professional Tenants | Excellent Road & Rail Links | Regeneration Area | Turnkey Investment
Description
This modern, fully compliant 6-bedroom, all-ensuite HMO offers a compelling income-generating investment in a well-located West Midlands setting. Tenanted by working professionals, the property generates £49,776 in annual rental income, delivering a strong gross yield of 11.06% with stable occupancy and reliable returns. Designed to meet modern tenant expectations, the all-ensuite layout enhances rental appeal and minimises void risk. Ideally positioned close to major employers and local amenities, and benefiting from excellent transport connectivity via the M5 and M6 motorways and strong regional rail routes, the property enjoys consistent demand. Supported by ongoing city centre regeneration, housing growth, and infrastructure investment, this asset represents a resilient, high-performing opportunity in one of the Midlands’ most dependable rental markets.
Income Breakdown (Monthly)
| Room 1: £675.00 | Edit |
| Room 2: £699.00 | Edit |
| Room 3: £725.00 | Edit |
| Room 4: £725.00 | Edit |
| Room 5: £649.00 | Edit |
| Room 6: £675.00 | Edit |
| Total Monthly Income: £4,148.00 | Edit |
| Total Annual Income: £49,776.00 | Edit |
Expenditure Breakdown (Monthly):
| Gas and Electric: £276.67 | Edit |
| Water: £49.08 | Edit |
| Council Tax: £119.00 | Edit |
| TV License: £14.95 | Edit |
| Broadband: £36.00 | Edit |
| Cleaner: £111.60 | Edit |
| Management: £300.00 | Edit |
| Total Monthly Expenditure: £907.30 | Edit |
| Total Annual Expenditure: £10,887.60 | Edit |
Investment Performance:
| Net Annual Income: £38,888.40 | Edit |
| Gross Yield: 11.06% | Edit |
| Net Yield: 8.64% | Edit |
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