For Sale By Public Auction This property in Halesowen is a high-spec 6-bedroom HMO (House in Multiple Occupation), each with en-suite bathrooms and food prep areas. This property has maintained high occupancy and is an ideal investment opportunity. The house is located on a quiet street in the B63 area, attractive to professional tenants working in the Black Country and Birmingham outskirts. The ground floor features 2 studio rooms with open-plan living areas, while the first floor has 4 additional rooms, all fully furnished with en-suites and kitchen facilities. The property offers a family-like atmosphere, with tenants maintaining tidy communal areas. Utility bills are included in the rent, and energy-efficient systems are in place to minimize costs. The location is convenient, with ample on-road parking and easy access to local amenities. •Room 1 – £495, moved in on 27/09/2022, now on a periodic tenancy.•Room 2 – £495, moved in on 21/02/2025, under a new AST.•Room 3 – £500, moved in on 16/01/2025, under a new AST.•Room 4 – £450, moved in on 15/02/2023, now on a periodic tenancy.•Room 5 – £575, moved in on 16/05/2024, now on a periodic tenancy.•Room 6 – £500, scheduled to move in on 04/09/2024, under a periodic tenancy. Please download the legal pack on the Benjamin Stevens AUCTIONS website. Buyers AdministrationFee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit(subject to minimum of £5,000, whichever is the greater) and a BuyersAdministration Fee of £2,000 and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.The auction conditions require a full legal completion 28 days following theauction (unless otherwise stated in the legal pack or on the sales details). To register to bid on the property, find the property on the Benjamin Stevens Auctions website. Clickonto the property, follow the link to “Log in/register to bid” You will then bedirected to create an auction passport account through our partners, theEssential Information Group.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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