4 Bed Terraced House, Single Let, Birmingham, B29 6EJ, £360,000

• Investment +
• Prime Location +
• Development potential +

This fantastic 4-bedroom property,situated in the highly sought-after area of Selly Oak, offers a superb investment opportunity.. With its proximity to the University of Birmingham, this property is perfect for the student rental market and promises substantial returns.

**Key Features:

Currently let until June 2025!! **

4 Bedrooms: The property currently features four bedrooms. One of the bedrooms, while currently too small to let out, can easily be adjusted with minor internal modifications to maximise rental income.

Potential for Expansion: With the potential to convert and expand, this property can be transformed into a 6-bedroom rental, significantly boosting its rental yield.

Rental Yield: The property boasts a potential rental yield of around
9%, with projected rental incomes around £40,000 annually.

Prime Location: Situated in the heart of Selly Oak, this property benefits from excellent transport links, local amenities, and is within walking distance to the University of Birmingham, making it an attractive option for students.

Investment Potential: This property is a great project for those looking to capitalise on the booming rental market in Selly Oak. With its strategic location and the potential for further development, it offers opportunity to enhance its value and rental income.

Proximity to University: The property is a stone's throw away from the University of Birmingham, ensuring a steady demand for student accommodation.

Local Amenities: Close to a variety of shops, restaurants, and recreational facilities, providing convenience and an excellent lifestyle for tenants.

Council tax band A