Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: 1216 sqft
Key Features: • Six Bedroom Student HMO • Fully Licensed with Relevant Planning Permissions • Currently Let for Academic Year • £35,880 Annual Rental Income • 8.9% Gross Yield • Two Bathrooms • Prime Selly Oak Location • Strong, Consistent Rental Demand
Location: • Nearest Station: Selly Oak Station • Distance to Station: 0.288209622825397 miles
Agent Information: • Address: 2, Katie Road, Selly Oak, Birmingham B29 6JG
Full Description: Oakmans Estate Agents are pleased to present this well-positioned six-bedroom student HMO, located within the heart of Selly Oak, one of Birmingham’s most established and high-demand student areas.<br /><br />This substantial property offers an excellent opportunity for investors seeking a fully licensed, income-producing asset, currently let for the academic year and achieving a strong annual rental income of £35,880, representing an attractive 8.9% gross yield.<br /><br />The accommodation is arranged over three floors and briefly comprises, on the ground floor, a double bedroom to the front, a living room which flows through to a galley kitchen, and a dining area to the rear, creating a practical and sociable layout for tenants. There is also a bathroom located off the living room.<br /><br />The first floor provides three further bedrooms, while the top floor offers two additional bedrooms and a second bathroom, ensuring a well-balanced setup suited to student living.<br /><br />Situated in the heart of Selly Oak, the property is ideally positioned within close proximity to the University of Birmingham, making it a highly desirable choice for students year after year. The Queen Elizabeth Hospital is also easily accessible, further enhancing the long-term rental appeal.<br /><br />The area benefits from a wide range of local amenities, including supermarkets, cafés, restaurants and retail outlets, as well as excellent transport links, with nearby train stations and regular bus routes providing convenient access into Birmingham City Centre and surrounding areas.<br /><br />A fantastic, turnkey investment opportunity in a proven student location. Early enquiry is highly recommended.<br /><br />Scan the QR code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative. <br /><br />Anti-money Laundering Checks (AML)<br /><br />To meet our legal obligations under Anti-Money Laundering regulations and current HMRC guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.<br /><br />A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.<br />These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.