4 bedroom terraced house for sale

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4 bedroom terraced house for sale

4 Fairgreen Way, Selly Oak, Birmingham
£389,000

Our Summary

  • Potential to extend

Description

This modern four-bedroom student investment property is located near Birmingham University, offering a great opportunity to purchase a well-maintained home with a high yield. The property features four double bedrooms, three with built-in wardrobes, and is fully furnished with modern quality furnishings and light fixtures. The open-plan living/kitchen area is equipped with appliances, including a built-in oven, hob, extractor hood, fridge freezer, and washing machine. The property also boasts two modern shower rooms, metal clad stairs, and good quality flooring and carpets. The exterior features UPVC windows, doors, soffits, and fascias, as well as a gravel garden and private back garden with gated access. The property has been successfully let to four students since 2000 with no void periods, generating a rental income of around £24,000 per annum. With a yield of approximately 6.2% and a purchase price of £389,000, this property offers a strong investment opportunity.