Brookvale Road, Erdington, Birmingham, B6

Overview

A supported-living HMO in Erdington, Birmingham (B6), let on a management agreement and producing around £65,585 per annum, a gross yield of roughly 17.49% at the asking price. A hands-off, professionally managed income asset; the income is held under the managing provider’s lease.

Investment highlights

• Supported-living / exempt-accommodation HMO, ~£65,585 per annum (~17.49% gross)
• Professionally managed, hands-off income under the provider’s lease
• Erdington, Birmingham (B6), established demand for supported housing
• Full lease and management details provided in the investment pack

Location & demand

B6, on the Erdington. Aston side of north Birmingham, puts Brookvale Road within easy reach of the city centre. Connectivity is a genuine strength here: Gravelly Hill and Aston stations sit on the Cross-City line, and the motorway network is close at hand. It is established terraced-housing territory with a deep, long-standing rental base.

Erdington carries established demand for supported housing, and the income here does not rely on open-market lettings. The property is let on a management agreement, with the income held under the managing provider’s lease, a hands-off, professionally managed income asset producing around £65,585 per annum. Full lease and management details are set out in the investment pack.

The numbers

Asking price	£375,000
Gross rent pa	c. £65,585
Gross yield	c. 17.49% at the asking price
Asset type	Supported-living / exempt-accommodation HMO
Income structure	Management agreement, income held under the provider’s lease
Documentation	Full lease and management details in the investment pack