Property Details: • Type: Terraced • Tenure: FREEHOLD • Floor Area: 1668 sqft
Key Features: • Eight bedrooms, four bathrooms • Prime Selly Oak student location • Walking distance to University of Birmingham • Near Queen Elizabeth Hospital • One reception room • Freehold property • Strong local transport links • Close to shops and restaurants
Location: • Nearest Station: Selly Oak Station • Distance to Station: 0.4682531416188541 miles
Agent Information: • Address: 2, Katie Road, Selly Oak, Birmingham B29 6JG
Full Description: Oakmans Estate Agents are delighted to present this substantial eight-bedroom HMO investment property, ideally situated in the heart of Selly Oak, one of Birmingham’s most popular student rental locations.<br /><br />Offered at an asking price of £625,000, the property generates an impressive annual rental income of £51,584, representing an approximate gross rental yield of 8.3%. This presents an excellent opportunity for investors seeking an established student investment in a prime location with strong rental demand.<br /><br />The property offers eight bedrooms and four bathrooms, providing generous accommodation suited to the student rental market. Its location in Selly Oak places it within convenient reach of the University of Birmingham, Queen Elizabeth Hospital and a wide range of local amenities, shops, restaurants and transport links.<br /><br />Selly Oak remains a highly sought-after area for student accommodation, benefiting from its proximity to the university and the wider demand for shared student housing. This makes the property an attractive proposition for both experienced HMO landlords and investors looking to expand their existing portfolio.<br /><br />With its substantial bedroom count, established rental income and desirable student location, Bournbrook Road represents a fantastic opportunity to acquire a sizeable investment property in one of Birmingham’s key student hotspots.<br /><br />Viewings are highly recommended to appreciate the investment opportunity on offer.<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 />Location<br /><br />Bournbrook Road sits within Birmingham's established student quarter, close to Selly Oak, offering the kind of setting that has long suited shared student households.<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.