Total views: 177
MapOffers in excess of
£395,0005 bedroom terraced house for sale
Selly Oak, Birmingham B29
Sold STC
Terraced house
5 beds
2 baths
1,130 sq ft / 105 sq m
EPC rating: C
Key information
Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Freehold
- Investment
- Renovation oppotunity
- Currently 5 bedrooms
- Hmo
- COLU approved
- Prime Location
A 5-bedroom, 2-bathroom HMO investment property, perfectly situated in a highly sought-after area for students. Boasting an impressive current rental income of £32,500 per annum, this property presents a perfect opportunity for investors.
The property is currently set over 3 floors and has the added bonus of a basement.
Prime Location: Nestled in a fantastic area for students, this property ensures high demand with close proximity to the University of Birmingham, public transport, and amenities.
Potential for Expansion: A significant highlight is the potential to transform this property into a 6-bedroom HMO. The existing ground floor extension to the rear of the property provides a solid foundation for further development. Adding an additional bedroom and carrying out renovations could substantially increase rental income and overall property value.
Rental Income: Currently generating £32,500 per annum (Bills included), this property promises stable returns. With strategic improvements, there is potential to further enhance rental yields.
Cetificate of Lawful Use has been applied for.
Council Tax Band B.
The property is currently set over 3 floors and has the added bonus of a basement.
Prime Location: Nestled in a fantastic area for students, this property ensures high demand with close proximity to the University of Birmingham, public transport, and amenities.
Potential for Expansion: A significant highlight is the potential to transform this property into a 6-bedroom HMO. The existing ground floor extension to the rear of the property provides a solid foundation for further development. Adding an additional bedroom and carrying out renovations could substantially increase rental income and overall property value.
Rental Income: Currently generating £32,500 per annum (Bills included), this property promises stable returns. With strategic improvements, there is potential to further enhance rental yields.
Cetificate of Lawful Use has been applied for.
Council Tax Band B.
About this agent
Purple Frog - Lettings, Sales and Commercial - Birmingham
189 Dawlish Road, Selly Oak
Birmingham
B29 7AW
0121 659 2499Our vision, mission and values These are the guiding principals which help us to stay focused on building a business we're proud of and providing the service to our tenants and landlords we know they deserve. The Vision To build relationships and inspire people with great service, in order to grow into a national brand as leaders in student accommodation services. The Mission To be the best provider of student accommodation services in the country. Our Values Helpful: We’re helpful to every single client, and to the communities we serve. Honest: We’re honest and genuine, we manage expectations, and we believe in telling the truth. Fair: We treat out team, tenants, clients, and contractors fairly. Fun: We like to have fun, because along with quality and service, we just want to make people happy.
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