120 Broomfield Road

5 2 1

£250,000 Asking Price House of multiple occupation for sale

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Description

This well-configured 5-room HMO—featuring two bathrooms and licensed for up to six occupants—offers a strong, income-generating opportunity in a well-connected West Midlands location. Fully tenanted by working professionals, the property generates £29,532 in annual rental income, delivering an attractive gross yield of 11.81% with stable occupancy and dependable returns. Ideally positioned close to major employers and local amenities, it benefits from consistent tenant demand, while excellent transport connectivity via the M5 and M6 motorways and regional rail routes enhances commuter appeal. Supported by ongoing city centre regeneration, housing development, and infrastructure investment, this property represents a resilient, high-yielding investment in one of the Midlands’ most reliable rental markets.

Committed Sale Process

This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.

If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.

Full details of the Committed Sale process are available within the legal pack or from the HMO X team.

Gross Yield: 11.81%

Income Breakdown (Monthly):

Room 1: £485.00 Room 2: £479.00 Room 3: £500.00 Room 4: £490.00 Room 5: £507.00 Total Monthly Income: £2,461.00 Total Annual Income: £29,532.00

Expenditure Breakdown (Monthly):

Gas and Electric: £257.91 Water: £52.92 Council Tax: £156.40 TV License: £15.00 Broadband: £50.40 Cleaner: £110.67 Management: £344.54 Total Monthly Expenditure: £987.84 Total Annual Expenditure: £11,854.08

Investment Performance:

Net Annual Income: £17,677.92 Gross Yield: 11.81% Net Yield: 7.07%

Reference: XFG-13667519

Area Description

No area description is available for this property.

Additional Details

Bedrooms: 5 Bedrooms
Bathrooms: 2 Bathrooms
Receptions: 1 Reception
Kitchens: 1 Kitchen
Dining Rooms: 1 Dining Room
Tenure: Freehold
Rights and Easements: Article 4 Area
Risks: Ask Agent

Broadband Speeds

Download: 16mbps - 1800mbps
Upload: 1mbps - 1000mbps

Estimated broadband speeds provided by Ofcom for this property's postcode.

Features

Property Layout – 5 rooms, 2 bathrooms, licensed for up to 6 occupants
Tenant Type – Fully tenanted by working professionals, providing steady rental income
Strategic Location – Well-located in the West Midlands close to major employers and amenities
Transport & Connectivity – Strong rail and road links via M5, M6 and regional transport routes
Regeneration Benefits – Ongoing city centre, housing and infrastructure investment driving demand
High Rental Income & Strong Yield – Gross annual income £29,532 delivering 11.81% yield

Enquiry

To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.