Tamworth Road

PROPERTY DESCRIPTION

We are pleased to offer this established, licensed HMO investment in Two Gates, Tamworth, a well-connected residential area on the edge of the town, popular with working tenants and offering easy access to Tamworth town centre, the A5 and A38, and Birmingham further afield.

The property comprises five lettable rooms – one studio, one double and three single rooms and is fully tenanted, providing an investor with immediate, hands-off rental income from completion. Rents have recently been increased to reflect current market rates, with the property now producing a combined income of £570 per week across all five rooms.

The property benefits from a valid HMO licence (HMO24/2), running until 26 November 2028, giving a purchaser several years of licensed operation without the immediate need to reapply. Two Gates is not subject to an Article 4 Direction, meaning the area remains outside additional planning restrictions that apply to HMO use in many other locationsm, a significant advantage for investors looking to expand or diversify an HMO portfolio in the wider Tamworth area.

YIELD SUMMARY

• Combined Rental Income: £570 per week (£29,640 per annum)
• Annual Outgoings: £4,200 per annum
• Net Annual Income: £25,440 per annum
• Gross Yield: 10.05%
• Net Yield: 8.63%

KEY INFORMATION

• Asking Price: £295,000
• Property Type: Licensed 5-bedroom HMO
• Room Mix: 1 studio, 1 double, 3 single rooms
• Combined Rental Income: £570 pw / £29,640 pa
• Gross Yield: 10.05%
• Net Yield: 8.63%
• HMO Licence: HMO24/2 – valid until 26/11/2028
• Article 4 Direction: Not applicable – no restriction in this location
• Location: Two Gates, Tamworth, B77 1EG

WHY IT WORKS AS AN HMO INVESTMENT

• Fully licensed and tenanted – immediate income from day one, no setup required
• Strong returns – 10.05% gross yield and 8.63% net yield at the asking price
• Recently uplifted rents reflect current market demand, with scope to review further
• Long-dated HMO licence (HMO24/2) valid until 26 November 2028
• Not in an Article 4 Direction area — no additional planning constraint on HMO use
• Well-located in Two Gates, Tamworth, with strong transport links via the A5, A38 and Birmingham
• Diverse room mix (studio, double and singles) broadens the tenant pool and income resilience