- HMO +
- Investment +
- Development potential +
This fantastic 3-bedroom HMO investment property, located on the outskirts of Selly Oak, offers a rare combination of excellent location, solid rental returns, and outstanding development potential.
Positioned within walking distance of the newly developed retail park, this property is perfectly situated for convenience and lifestyle amenities. Its close proximity to the University of Birmingham and Queen Elizabeth Hospital makes it an attractive choice for students and medical professionals alike, ensuring consistent demand year-round.
Current Rent and Potential
The property is currently generating £12,480 per annum, with a rental increase confirmed to £13,260 starting in summer 2025. For investors looking to maximise returns, the property offers substantial development potential. With thoughtful planning, it could be converted into a 5-bedroom HMO, boosting rental income to approximately £32,000 per annum. (STPP)
Key Features
Prime Location: Walking distance to Selly Oak’s retail park, University of Birmingham, and Queen Elizabeth Hospital.
Established HMO: Fully tenanted with reliable rental income.
Development Potential: Ample space and layout flexibility to add two additional bedrooms.
Popular Area: Sought-after by students and professionals for its convenience and vibrant community.
This property represents an ideal opportunity for savvy investors to add a high-performing asset to their portfolio. Don’t miss your chance to capitalise on the thriving rental market in one of Birmingham’s most in-demand areas.