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Selly Park, Birmingham B29 6 bed terraced house for sale
Selly Park, Birmingham B29
£310,000
Selly Park, Birmingham B29
£310,000
Our Summary
- High Rental Yield: Currently producing £26,500 per year, with the potential for increased income through internal improvements and/or an extension (subject to planning permission)
- Potential for Growth: With some modernization and the possibility of extending the property (subject to planning permission), there is ample scope to increase rental income and further enhance the value of this asset
Description
This 6-bedroom HMO investment property in Selly Oak offers an excellent opportunity for both immediate and long-term returns. Currently generating an impressive annual income of £26,500 from reliable tenants, the property is ideally located for students and professionals alike, with easy access to the University of Birmingham, local amenities, and transport links. The spacious and well-maintained rooms provide a comfortable living space for students, and with some modernization and potential extension (subject to planning permission), there is scope to increase rental income and further enhance the value of this asset. With a proven track record of steady returns, this property offers a promising return on investment in a thriving rental market.