This well-positioned 6-bedroom HMO investment property in Selly Oak offers an excellent opportunity for both immediate and long-term returns. Currently generating an impressive annual income of £26,500 from reliable tenants, this property is ideally located for students and professionals alike, with easy access to the University of Birmingham, local amenities, and transport links.
Key Features: 6 Bedrooms: Spacious and well-maintained rooms, each providing a comfortable living space for students. High Rental Yield: Currently producing £26,500 per year, with the potential for increased income through internal improvements and/or an extension (subject to planning permission). Prime Location: Situated in the highly sought-after Selly Oak area, a popular destination for students and young professionals, with convenient transport links and proximity to the University of Birmingham. Potential for Growth: With some modernization and the possibility of extending the property (subject to planning permission), there is ample scope to increase rental income and further enhance the value of this asset. Well-established Investment: With a proven track record of steady returns, this property offers a promising return on investment in a thriving rental market.
Agent Details
PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham
020 3514 1592
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