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Selly Oak, Birmingham B29 5 bed terraced house for sale
Selly Oak, Birmingham B29
£399,000
Selly Oak, Birmingham B29
£399,000
Our Summary
- Situated in the heart of Selly Oak, one of the most sought-after locations for student accommodation, this 5-bedroom, 3-bathroom HMO property is a prime investment opportunity
- Additionally, it offers excellent potential for further extension, providing an opportunity to increase rental income and add value
- With its unbeatable location, strong rental history, and scope for enhancement, this property is an ideal choice for investors looking to expand their portfolio in a high-demand student area
Description
This 5-bedroom, 3-bathroom HMO property in Selly Oak, a highly sought-after location for student accommodation, offers a prime investment opportunity. With a short walk to the University of Birmingham and local amenities, it enjoys consistent tenant demand and strong rental returns. The property features a spacious, open-plan living area and has excellent potential for further extension, providing an opportunity to increase rental income and add value. Currently tenanted until 2026, the property generates £107 per person per week, with a new tenancy set to begin in 2025 at an increased rate of £108 per person per week, ensuring a seamless and profitable investment. Its unbeatable location, strong rental history, and scope for enhancement make it an ideal choice for investors looking to expand their portfolio in a high-demand student area.