5 bedroom Terraced House in Smethwick
37 Claremont Road, Smethwick, West Midlands B66 4JY
- Property Type: Terraced House
- Contract Type: Unconditional with Variable Fee
Guide Price* £185,000+ plus fees
Property Description
An impressive investment property in an extremely sought after location in Birmingham generating a handsome net income of £28,500 of rental income per year. Excellent net return with a yield in excess of 14% return against the guide price. The property is set over 3 floors and briefly comprises of an entrance hall, 2 reception rooms, 4 double bedrooms, 2 bathrooms and a shower on the top floor. The property's location is superb and is close to several train stations, Langley Green Station, Smethwick Rolfe Street Station, Smethwick Galton Bridge Station and Rowley Regis Station. There are excellent bus services in to the city centre and road links in and out of Birmingham. The area is a popular and sought after location with a multitude of local amenities and shops, including the Windmills Chopping Centre, Smethwick and Bearwood High Street.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 27th November 2025
Venue National Property Auction
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
Lot Information
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