High Trees Close

Overview

Pure Investor is delighted to offer this fully licensed, end-terrace HMO investment property located on a quiet cul-de-sac in Redditch. With five AST tenants in place, a full HMO licence, and no planning requirement (Class C use), this property offers immediate income and long-term investment security.

Spanning over 1,044 sq ft, the home offers four spacious bedrooms upstairs and one on the ground floor, with a communal kitchen, utility area, and a large reception/dining room. This property is currently operated under a rent-to-rent model but can be easily converted back to direct management to maximise returns.

Financial Breakdown

Gross Rental Income: £2,495 pcm / £29,940 p.a.
Tenancy Type: 5 x ASTs
Current Agreement: Rent-to-rent at £1,200 pcm (contract expired – flexible to end/renegotiate)
HMO Licence: In place
Planning Class: C – no change required

Annual Running Costs (when self-managed):

• Energy: £4,125
• Water: £1,009
• Council Tax: £1,776
• TV Licence: £168
• Internet: £564
• Gardener & Cleaner: £1,600
• Insurance: £312
  Total Outgoings: £9,554 p.a.

Net Income: £20,386 p.a.
Gross Yield: 11.98%

Property Layout

Ground Floor

• Side Entrance Porch – Leads to hallway
• Entrance Hallway – Laminate flooring, under-stair storage
• Bedroom 1 – 3.19m x 2.07m, front aspect, carpeted
• Kitchen/Dining Room – 5.08m x 3.50m, tiled flooring, fitted units, dining space
• Utility Room – 2.87m x 2.08m, door to garden
• Downstairs WC

First Floor

• Bedroom 2 – 3.23m x 2.69m (max), dual aspect
• Bedroom 3 – 2.93m x 2.10m, front aspect
• Bedroom 4 – 4.43m x 3.26m, front aspect
• Bedroom 5 – 4.22m x 3.23m, rear aspect
• Bathroom – 2.07m x 1.71m, with electric shower over bath, WC, basin

 Exterior Features

• Enclosed rear garden with lawn
• Lawned front garden
• On-road parking
• EPC Rating: C
• Council Tax Band: B

 Investor Highlights

• Fully let with substantial monthly income
• HMO licence in place – compliant and ready to operate
• Tenants on individual ASTS – secure and diversified rental stream
• Flexible exit from the rent-to-rent agreement
• Potential to self-manage or appoint a lettings agency for increased returns
• No planning change required – Class C residential use

*Viewings of this property are available; however, please note the property is tenanted and we need to be respectful of the tenants' right to a peaceful environment.  As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*

High Trees Close - Key Points

Location

Birmingham, United Kingdom