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5 bedroom terraced house for sale
Tiverton Road, Selly Oak
£405,000
Tiverton Road, Selly Oak
£405,000
Our Summary
- Situated in the heart of Selly Oak, one of the most sought-after locations for student accommodation, this 5-bedroom, 3-bathroom HMO property is a prime investment opportunity
- Additionally, it offers excellent potential for further extension, providing an opportunity to increase rental income and add value
- With its unbeatable location, strong rental history, and scope for enhancement, this property is an ideal choice for investors looking to expand their portfolio in a high-demand student area
Description
This 5-bedroom, 3-bathroom HMO property in Selly Oak, a prime location for student accommodation, offers a lucrative investment opportunity. With a short walk to the University of Birmingham and local amenities, the property enjoys consistent tenant demand and strong rental returns. The spacious, open-plan living area creates a modern and comfortable environment for tenants, and the property has excellent potential for further extension to increase rental income and add value. Currently tenanted until 2026, the property generates £107 per person per week, with a new tenancy set to begin at an increased rate of £108 per person per week, ensuring a seamless and profitable investment. With its unbeatable location, strong rental history, and scope for enhancement, this property is an ideal choice for investors looking to expand their portfolio in a high-demand student area.