Property Details

Follyhouse Lane, WalsallAuction Guide Price £220,000 +

On MarketAuction House Birmingham & Black Country - 0121 289 3838EMA00016871

Livestream Auction: 28/08/2025 @ 6.00 pm
5 Bed HMO
Bidding Registration Required
No Viewings Available

This traditionally styled semi detached property is a fully licenced HMO, Licence Number M-0017-00021-47325-x119 and has recently been modernised throughout.

The property is currently let on a Company Let Agreement for a period of 60 months starting 9th May 2025 at a rental of £1,900.00 PCM, therefore offering a gross 10% yield at guide price.

The property has not been inspected by the Auctoneer but are advised that it is set over two floors and has five bedrooms, communal lounge and kitchen (the floorplan shows a wall between these two rooms, however this does not exist and is open plan), bathroom.

The property is situated in a popular residential area within a short distance of Walsall Town Centre and public transport services.

Additional Fees
Buyers Premium 1% plus vat Administration Charge - £1,440.00 inc VAT payable on exchange of contracts. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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