1 /12
£250,000
Newman Road, Birmingham, B24
- 6 beds
Under offer/SSTC
£250,000
- 6 beds
Get Buyer Passport
Buyer Passport helps you access new properties hitting the market including off market properties while getting you ahead of the game and making you purchase ready. Follow an easy step by step guide on how to purchase and stand out from other buyers.
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
£1,141 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£12,500
Share
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
FOR EXPERIENCED LANDLORDS ONLY
If you are looking for a ready made HMO business with instant cash flow, that is guaranteed for three years. Look no further.
The Solution?
We eliminate all the unnecessary risks involved with investing in HMO. Firstly, we develop the property to a very high standard and then offer a 3-year full maintaining lease ? a guaranteed rental income for 36 months.
? No Void Periods
? No bills to pay
? No dealing with tenants day to day
? No maintenance worries
? Fully managed by professionals
THE NUMBERS
Purchase Price: ?250,000
Deposit Required: ?62,500
Mortgage Available: ?187,500
Annual Rental Assurance: ?20,280
Annual Rental Return: 32% gross
3-Year Rental Assurance: ?60,840
3-Year Rental Return: 97% gross
19% PA NET RETURN
Reception 1
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bathroom 1
Bathroom 2
Bathroom 3
Bathroom 4
Bathroom 5
Bathroom 6
Small Garden
Parking
Central Heating
Double Glazing
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
If you are looking for a ready made HMO business with instant cash flow, that is guaranteed for three years. Look no further.
The Solution?
We eliminate all the unnecessary risks involved with investing in HMO. Firstly, we develop the property to a very high standard and then offer a 3-year full maintaining lease ? a guaranteed rental income for 36 months.
? No Void Periods
? No bills to pay
? No dealing with tenants day to day
? No maintenance worries
? Fully managed by professionals
THE NUMBERS
Purchase Price: ?250,000
Deposit Required: ?62,500
Mortgage Available: ?187,500
Annual Rental Assurance: ?20,280
Annual Rental Return: 32% gross
3-Year Rental Assurance: ?60,840
3-Year Rental Return: 97% gross
19% PA NET RETURN
Reception 1
Kitchen
Bedroom 1
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bedroom 6
Bathroom 1
Bathroom 2
Bathroom 3
Bathroom 4
Bathroom 5
Bathroom 6
Small Garden
Parking
Central Heating
Double Glazing
Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worth
Check instantly an estimated value of your homeFind the best
local agent
Compare local estate agents based on their performanceGet an Instant
cash offer
Get a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.