7 bed house for sale in High St
1 High St, King's Heath, Birmingham B14 7AR, UK
Property overview
For Sale By Public Auction 11 September 2025 A substantial vacant freehold detached former therapy/healing centre, occupying a site area of approximately 0.37 acres (0.15 hectares), which may be suitable for alternative uses or redevelopment, subject to obtaining the necessary planning consents
Financials
Estimated Yearly Rent
£28,614.04
Bedrooms
7
LHA Rate
£78.61 pppw
Gross Yield
3%
Net Yield
2.1%
ROI Calculator / Net Yield Calculator (Less 30%)
Buying costs
Deposit
£75,000.00
Stamp duty
£20,000.00
Legal fees
Around £1,500.00
HMO license cost
Around £1,300.00
Licensing & Compliance
Council
£32,200
Rules
£32,200
Status
£32,200
Link
£32,200
Estimated works costs
High refurb
£42,000.00
Stamp duty
£20,000.00
Time frames
8-12 weeks
HMO license cost
Est. £1,300.00
Solicitors
Trent Legal LLP
Amelia Hart (Partner)
£850-£1,250
Lenders
Nottingham Building Society
BTL 2-year fix
£850-£1,250
www.brokernottinghambs.co.uk
Build companies
Sherwood Build Co.
Refurb, kitchen/bathroom, HMO fire
£12k–£28k
+44 7380 337579
www.brokernottinghambs.co.uk
Surveyors
Lace Market Surveyors
HomeBuyer, RICS Level 3, Valuation
£400–£950