No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Guide price£325,000
Added > 14 days

5 bedroom property for sale

Mount Pleasant, Redditch, B97 4JJ
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Property
5 bed
2 bath
EPC rating: E*
1,291 sq ft / 120 sq m

Key information

Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
Hunters Estate Agents are pleased to offer this investment HMO Property with 5 double bedrooms which is currently fully let with an excellent track record since 2018. This well maintained property is situated less than 1 mile from Redditch Town Centre, bus and rail stations.

The freehold property is understood to have been fully converted to the appropriate standards and holds a licence from Redditch Borough Council. It has since been further improved with a new kitchen with appliances and white goods together with a new boiler and cloakroom suite.

Income:
Current gross rental income is £28,080 per annum (£2,340 per month)
Current net rental income based on winter fuel costs is £22,269 per annum (£1855.75 per month)
(Current winter fuel costs include Council Tax, TV, gas, electric, internet, water and buildings insurance)
7% return from current net rental income with scope to increase rent.

Kitchen Breakfast Room - 3.1m x 3.2m -

Downstairs Wc - 1.70m x 2.11m -

Bedroom One - 3.91m x 3.7m -

Bedroom Two - 3.9m x 3.71m -

Bedroom Three - 3.91m x 3.7m -

Bedroom Four - 3.91m x 3.7m -

Bedroom Five - 3.81m x 2.49m -

Bathroom - 2.8m x 1.8m -

Property information from this agent

Places of interest

    Hunters Estate Agents and Letting Agents Redditch have been operating in and around the district since 2017. Richard Hadley, Franchise owner, formerly owned Hadley & Co which had been in the area for over a decade. Richard has lived in the area all his life apart from a few years at University. His academic background was in project/business management, but started dealing in property personally from 1998. Hadley & Co was born out of a bedroom in Redditch in 2003. Since then the housing market and industry has changed hugely so took a huge step forward and joined one of the largest estate agencies nationwide. Looking to sell your Redditch property? Why not get the process started with your free, no-obligation valuation? Choose from a free online valuation that can be completed in minutes or arrange for one of our property experts to view your house in person. In order to provide the level of service that Hunters Estate Agents and Letting Agents Redditch are proud of nothing is more important than the people who are in the business. The team at Hunters Redditch are privileged to have some very experienced and capable team members, who can also offer the personal touch demanded. None more so than Kathryn Loynes, who manages the lettings team: Tracey Clarke, Alice Coley, Tom Cleaveley, and Christopher Abbett, who manages the sales team: Susanna Cookes, Kelby Pierpoint and Tom. Both of them are hugely experienced and have worked previously in corporate and other independent agencies and both been brought up in the area and still live locally. I think this is extremely important with regard to knowing the property and surrounding area, but equally for understanding what local people generally want when it comes to property.

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    *DISCLAIMER

    Property reference 32161806. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hunters - North East Worcestershire.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 21, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 21, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on April 9, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.