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6 Bed HMO, Birmingham, B29 6EL £430,000

Heeley Road, Selly Oak, B29 6EL - 7 views - a year ago
  1. Deal Search
  2. Birmingham
  3. B29
  4. B29 6EL
HMO
Planning
Inside Article 4
ROI: 1%
~186 m²

ValuationUndervalued

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Links

  • More Deals in Birmingham
  • More Deals in B29
  • More HMO Deals
  • More HMO Deals in Birmingham
  • More HMO Deals in B29

Property History

Listed for £430,000

January 17, 2025

Description

  • Investment +
  • HMO +
  • Development potential +
  • 6 Bedrooms +
  • High ROI +

A superb investment opportunity in the highly sought-after Selly Oak Triangle, this spacious six-bedroom, two-bathroom property is a turn-key solution for investors looking for a reliable, income-generating asset. Currently rented until 2026 with a guaranteed rental increase in summer 2025, this property offers an excellent return and future growth potential, making it a must-see for any serious investor.

Key Features:
Prime Location: Situated in the heart of Selly Oak Triangle, this property enjoys high demand from students, thanks to its proximity to local amenities, transport links, and major universities.
Strong Rental Income: With the rent set to increase to £32,760 per annum (excluding bills) in summer 2025, this property offers a solid income stream, ensuring long-term stability and excellent yield for investors.

Spacious Living: The property features six generously sized bedrooms, perfect for student living, along with two well-appointed bathrooms. The large rooms and smart layout make it ideal for sharing tenants, ensuring maximum occupancy.

Turn-Key Investment: Currently fully rented with tenants in place until 2026, this property requires no immediate work or additional investment. It’s a hassle-free, ready-to-go investment that is sure to deliver returns from day one.

Development Potential: With the added bonus of development potential (subject to planning permission), there is scope to enhance and elevate the property to increase both rental income and capital value. Opportunities may include converting spaces or adding additional amenities to further attract tenants.

This modern, well-maintained property represents an excellent opportunity for investors looking to capitalise on the strong demand in the Selly Oak Triangle area. With stable rental income, the promise of future growth, and development potential, this is a rare find that should not be missed.

Agent Details

PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham

020 3514 1592

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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