Lot 13 - 374 High Street, Smethwick, West Midlands, B66 3PJ

  • Unconditional Online Auction Sale
  • Guide Price* : £250,000+
  • Bedrooms: 6
  • Bathrooms: 6
  • Reception Rooms: 1

A fully tenanted six bedroom, all en-suite HMO let to working professionals producing £49,776 per annum when fully let

Description

• Freehold mid-terrace house
• 6 en-suite bedrooms
• Refurbished to a high standard throughout
• Communal kitchen
• Benefits from a large rear garden
• Impressive gross yield of 19.9% on guide
• Current rental income of £41,676 per annum with one room advertised to let

Location

Ideally positioned close to major employers and local amenities, and benefiting from excellent transport connectivity via the M5 and M6 motorways and strong regional rail routes, the property enjoys consistent demand. Providing direct routes to Birmingham city centre, Sandwell and West Birmingham Hospital, and the University of Birmingham. Set within a well-established residential area, it is close to a range of local amenities including shops, schools, and parks, and is well positioned for access to major local employers and the wider Birmingham employment market.

Transport links are provided by both Smethwick Rolfe Street and Smethwick Galton Bridge Rail Stations.

Auctioneer Notes

Internal Images
Buyers should note that the internal images have been provided by the seller. These pictures were taken prior to it being tenanted. The auctioneers have not had the opportunity to view the property prior to marketing the property for auction.

HMO Compliance

- HMO Licence
- Emergency Lighting Test Certificate
- Fire Alarm Test Certificate
- Fire Risk Assessment
- Gas Safety Certificate
- EICR

Copies of these documents can be found within the legal pack

Accommodation

Room Number Floor Accommodation Tenancy Info Rent Per Annum
1 Ground En-suite HMO room with access to communal kitchen Tenancy start date: 7th November 2025 £8,100
2 Ground En-suite HMO room with access to communal kitchen Tenancy start date: 7th August 2024 £8,388
3 First En-suite HMO room with access to communal kitchen Tenancy start date: 10th October 2025 £8,700
4 First En-suite HMO room with access to communal kitchen Tenancy start date: 22nd February 2026 £8,700
5 First En-suite HMO room with access to communal kitchen Tenancy start date: 19th January 2026 £7,788
6 Second En-suite HMO room with access to communal kitchen Currently advertised to let £8,100

Vendors Solicitor

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). This is not necessarily a figure which a property will sell for and may change at any time prior to the auction. Every property will be offered subject to a Reserve Price (this is the sellers minimum expectation) which will be set within either a Guide Range or no more than 10% above a single figure Guide Price.

The Buyers Administration Fee of £1,500 (inclusive of VAT) is a separate charge payable in addition to the price a Lot sells for. In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, HMO X Auctions must hold a minimum amount from all bidders. This participation amount and administration fee are fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,000 comprises £3,500 relating to your bidder security (which forms part of your 10% deposit payment) and the buyers administration fee of £1,500 (inclusive of VAT).

Please note that Lots may be sold or withdrawn prior to auction without prior notice.

Any information provided by HMO X Auctions or the seller, whether in writing or orally, does not constitute a representation, condition, or warranty. The information given is for illustrative purposes only and should not be considered as fact. Any mistakes, omissions, inaccuracies, or mis-descriptions in the information provided will not give rise to any legal action or compensation against HMO X Auctions or the seller.

All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of HMO X Auctions or the seller.

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