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4 bed terraced house
Winnie Road - 110992, Selly Oak B29
£280,000
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Our Summary
- Development potential
- Located in the ever-popular student area of Selly Oak, this four bedroom HMO property on Winnie Road presents an excellent opportunity for investors seeking a ready made income or a project with strong potential for value growth
- The property offers a solid existing layout but also presents significant scope for improvement, both internally and externally, allowing an investor to modernise and reconfigure the space to increase rental value and overall asset appeal
- With its proven rental performance, prime Selly Oak location, and clear potential to enhance returns, this property would make an ideal small investment or development project for an investor looking to add value in a thriving student market
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Description
The property is a four-bedroom house on Winnie Road in Selly Oak, with four letting bedrooms, a main bathroom, and a separate WC. Internally, the layout is solid but can be improved, and externally, there is potential for modernization and reconfiguration to increase rental value. The property has a strong rental history and generates a gross annual income of £21,900, including bills, until 30th June 2025.
It has access to the University of Birmingham, local amenities, and transport links.