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6 bedroom terraced house for sale
Key information
Property description & features
- Tenure: Freehold
- Investment
- 9%
- Student triangle
Property Highlights:
Location: Situated in the highly sought-after area of Selly Oak, this property benefits from close proximity to the University of Birmingham, making it an ideal choice for student accommodation. The neighborhood offers excellent transport links, a variety of shops, restaurants, and recreational facilities, ensuring a convenient and enjoyable lifestyle for tenants.
Accommodation: The property boasts six generously sized bedrooms, providing ample living space for tenants. Each room is designed with comfort and functionality in mind, making it an appealing option for students seeking a home away from home.
Rental Potential: This ready-to-go investment property offers an impressive rental yield of around 9%, with the potential to rent each bedroom for £110 per week. Given the high demand for student accommodation in this prime location, investors can expect a steady and reliable rental income.
Condition: The property is in a good condition, requiring no immediate work, allowing investors to start generating rental income without delay.
Investment Appeal: The combination of its prime location, spacious accommodation, and strong rental potential makes this property a highly attractive investment. With the university nearby, there is a consistent demand for quality student housing, ensuring long-term occupancy and financial stability.
Places of interest
![Purple](https://media.onthemarket.com/agents/companies/5954/231214091354450/logo-190x100.png)
Purple Frog - Lettings, Sales and Commercial - Birmingham
189 Dawlish Road, Selly Oak Birmingham B29 7AW
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OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 16, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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