Heeley Road, Birmingham, West Midlands, B29

Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • SIX BEDROOM ALL EN-SUITE HMO • PRIME SELLY OAK LOCATION (B29) • FULLY HMO COMPLIANT (C4 USE CLASS) • LET UNTIL JUNE 2026 – £39,000.24 PA • TENANCY AGREED TO JUNE 2027 – £39,936.24 PA • APPROX. 7.6% GROSS RENTAL YIELD • SPACIOUS COMMUNAL KITCHEN DINER • WALKING DISTANCE TO UNIVERSITY & QE HOSPITAL

Location: • Nearest Station: Selly Oak Station • Distance to Station: 0.2802482859623778 miles

Agent Information: • Address: 2, Katie Road, Selly Oak, Birmingham B29 6JG

Full Description: Oakmans Estate Agents are delighted to present this exceptional six bedroom, all en-suite student HMO, ideally located within the heart of Selly Oak, B29. This fully compliant investment property offers strong, secure rental income and is perfectly positioned within one of Birmingham’s most established student locations.<br /><br />The accommodation is thoughtfully arranged over three floors and finished to suit modern student living. The ground floor comprises two generously sized double bedrooms, both benefiting from private en-suite shower rooms, alongside a spacious communal kitchen diner providing ample storage, preparation space and a comfortable social area. The first floor offers a further two double bedrooms, each with their own en-suite facilities. The second floor completes the property with two additional double bedrooms, again all featuring private en-suite shower rooms, creating a highly desirable six bedroom, six bathroom configuration.<br /><br />The property is fully HMO compliant with the correct change of use class permitting occupation by six individuals, providing peace of mind for investors. It is currently let until June 2026 achieving £39,000.24 per annum (excluding bills). A further tenancy is already secured from July 2026 to June 2027 at an increased rental figure of £39,936.24 per annum (excluding bills), reflecting a strong gross yield of approximately 7.6%, making this a ready-made, turnkey investment opportunity.<br /><br />The property is situated in the very heart of Selly Oak, one of the UK’s most prominent student districts. The area is exceptionally popular due to its close proximity to the University of Birmingham and Queen Elizabeth Hospital, both within walking distance. Selly Oak benefits from a wide range of amenities including the Selly Oak Shopping Park, Aldi, Sainsbury’s, independent cafés, restaurants and convenience stores, all catering to the vibrant student community. Excellent transport links are available via Selly Oak train station offering direct routes into Birmingham City Centre, alongside frequent bus services and easy access to the A38 Bristol Road.<br /><br />This is a rare opportunity to acquire a high-yielding, fully let six bedroom en-suite HMO in a prime Selly Oak location with secured income for the next two academic years.<br /><br />To arrange your viewing or for further investment details, please call Oakmans Estate Agents today to avoid missing out.<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 /><br />