Property Details: - Type: Semi-detached house - Bedrooms: 8 - Bathrooms: 3

Agent: Oakmans Estate Agents - Selly Oak Phone: 0121 721 9153

Oakmans Estate Agents are pleased to present this substantial eight bedroom student investment property, ideally located within the heart of the Selly Oak student area.<br/><br/>The property offers generous accommodation comprising eight bedrooms, three bathrooms, a communal lounge, spacious kitchen, utility room, and a rear garden, making it highly attractive to student tenants.<br/><br/>Situated in one of the most sought-after student locations, the property is within walking distance of the University of Birmingham and benefits from excellent transport links, including Selly Oak Train Station and regular bus routes along the A38. A wide range of local amenities, bars, restaurants, and retail outlets are also close by, ensuring consistently strong tenant demand.<br/><br/>The property is currently let to eight students until 30th June 2026, achieving a rental income of £4,194.64 per calendar month, with tenants responsible for their own bills. Furthermore, the property is pre-let for the following academic year from 1st July 2026 to 30th June 2027 to another group of eight students, achieving £4,264 per calendar month, again with tenants paying their own bills.<br/><br/>Anti-money Laundering Checks (AML)<br/>Regulations require us to conduct identity and AML checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.<br/><br/>We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.<br/><br/>This equates to an approximate 8% rental yield, offering an excellent, hands-off investment with secured income over multiple academic years.<br/><br/>Properties of this size and calibre in this location are rarely available and represent a fantastic opportunity for investors seeking strong yields in a prime student market.<br/><br/>Early viewing is highly recommended.<br/><br/>