Property Details: - Type: Terraced house - Bedrooms: 5 - Bathrooms: 3

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

Introducing this well-positioned five-bedroom student investment property, offering generous accommodation briefly comprising of five bedrooms, three bathrooms, and a spacious open-plan kitchen/living area, ideal for modern student living.<br/><br/>Situated in the heart of the prime Selly Oak student location, the property is within walking distance of the University of Birmingham, making it consistently popular with tenants year after year. Excellent transport links are close by, including Selly Oak Train Station and frequent bus routes along the A38, providing easy access to the city centre and surrounding areas. A wide range of bars, restaurants, shops, and local amenities are also nearby, further enhancing tenant demand.<br/><br/>From an investment perspective, the property is fully let, with tenants currently in place paying £2,578.35 per calendar month (excluding bills) until June 2026. Additionally, new tenants are already secured from July 2026 through to June 2027 at £2,686.65 per calendar month (excluding bills), providing immediate income continuity and long-term security. This equates to an attractive rental yield of approximately 8%, making it a strong, ready-made investment opportunity.<br/><br/>Properties of this nature and location are always in high demand, and early viewing is strongly recommended.<br/><br/>Call Oakmans Estate Agents today to arrange your viewing.<br/><br/>The property is understood to be in Council Tax Band B.<br/>Please note that this information should be verified by your legal representative, and Oakmans Estate Agents cannot be held responsible for any inaccuracies.<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/>