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- Social Housing Op-Co (SPV) + 13x HMO Portfolio
Social Housing Op-Co (SPV) + 13x HMO Portfolio
Asking Price
- £5,600,000
Region
Erdington, Birmingham
Size
-
Tenure
Freehold
Bedrooms
-
Type of property
Portfolio
Current Rent
£1,087,163.96
Potential Rent
£1,207,959.96
Current Yield
19.41%
Potential Yield
21.57%
This offering presents a rare chance to acquire a fully operational social housing business, including both the established operating company and its supporting infrastructure. The sale encompasses a portfolio of 13 high-performing Houses in Multiple Occupation (HMOs), primarily situated in Erdington, providing immediate income and long-term stability.
Key Highlights
🔹 Portfolio Composition
• 13 HMO properties, owned personally by the vendor
• Operated under an established social housing company (included in the sale)
• Average bedrooms per property: 5.69
• Primarily located in Erdington and surrounding Birmingham areas
🔹 Strong Income Performance
• Gross annual rental income: £1,087,163.96
• Gross monthly rental income: approximately £90,597
• Diverse tenancy structure, catering to supported and social housing residents
• Full income records and operational breakdowns available upon request
🔹 Fully Established Operating Company
The sale includes the operating business, which employs all necessary staff and manages the full operation day-to-day. This provides investors with a true turnkey solution, ensuring business continuity from day one.
🔹 Comprehensive Management & Support Framework
• Full-time and part-time support staff in place
• Dedicated maintenance and property management personnel
• Regular decoration, cleaning, and garden maintenance included within operational structure
• All utilities and council tax covered
• Compliance fully up to date, including:
• Fire risk assessments
• Gas safety and electrical certification
• Emergency lighting
• Asbestos management and reporting
• Administrative processes and accounting systems established and scalable
Financial Overview
• Asking Price (including SPV): £5,600,837.00
• Gross Annual Income: £1,087,163.96
• Indicative Gross Yield: circa 19.4% (before costs and overheads)
Property type
Portfolio