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 is currently let until 30th June 2025, generating a gross annual income of £21,900 including bills, and benefits from a strong rental history in a consistently high-demand rental location close to the University of Birmingham, local amenities, and transport links.
Internally, the accommodation briefly comprises four letting bedrooms, a main bathroom, and an additional separate WC, providing practical shared living arrangements for tenants. 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.
While the property does not currently hold a Certificate of Lawful Use, the vendor is in the process of submitting an application, offering additional reassurance to prospective buyers.
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.