Heeley Road
About this home
Property Details: • Type: Terraced • Tenure: N/A • Floor Area: N/A
Key Features: • Investment • 6 bedrooms • Student triangle • Development Potential • HMO
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 189 Dawlish Road, Bournbrook, Birmingham, B29 7AW
Full Description: Located in the highly sought-after area of Selly Oak, this well-presented 6-bedroom, 3-bathroom property offers an exceptional investment opportunity. Currently let until Summer 2025 at a reduced rent of £25,019.96 per year (excluding bills), the property is popular with university students and offers significant potential for future growth, both in rental income and property value. Key Features:6 Bedrooms, 2 Bathroom, with an additional toilet: Spacious living accommodation with a smart layout, offering ample room for students or young professionals. The property is well-maintained, providing tenants with a comfortable living space.High Student Demand: The property is ideally positioned in a prime location for students, just a short distance from the University of Birmingham and local amenities, making it consistently popular with university tenants.Current Rent: Let at £25,019.96 per year (excluding bills), offering a steady rental income until Summer 2026. While currently at a reduced rent, the property is well-positioned for future rental growth.Significant Potential for Rent Increase: With demand in the area showing no signs of slowing down and the ability to extend the property, this is a high-potential asset with the possibility of significantly elevating rental yields.Development Opportunity: The property comes with scope for extension, enabling you to increase the living space and enhance rental potential, making it a highly attractive option for investors seeking to maximize returns.Prime Location in Selly Oak: A vibrant area close to key university facilities, local shops, and excellent transport links, ensuring the property remains highly desirable to tenants year after year.
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