Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Wolverhampton HMO With £48,000 Annual Rent Heads to Auction
A large, fully licensed house in multiple occupation (HMO) in Wolverhampton, generating £48,000 in annual rent, is set to be auctioned by Bond Wolfe. The eight-bedroom property will be offered with a guide price of £275,000 or more in a livestreamed auction on Thursday, 10 September.
The auction is expected to attract competitive bidding. This sale may be of interest to letting agents and inventory clerks monitoring high-yield HMO opportunities in the West Midlands.
Source: Landlord Today