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Selly Oak, Birmingham B29 5 bed terraced house for sale
Heeley Road, Selly Oak
£410,000
Heeley Road, Selly Oak
£410,000
Our Summary
- We are pleased to present a fantastic investment opportunity in the highly desirable Selly Oak Triangle
- With a reliable tenant in place and a rental increase set for summer 2025, this property offers an excellent income stream and future growth potential
- Recent renovations ensure the property is in excellent condition, requiring no immediate work or additional outlay
- Development Potential: With the added benefit of development potential (subject to planning permission), this property offers the opportunity to increase both rental income and capital value
- This well-maintained property in a prime student rental location is an attractive proposition for investors seeking a steady income with the added bonus of future potential
- Development Potential
Description
This fantastic five-bedroom, two-bathroom property in the highly desirable Selly Oak Triangle is an ideal turn-key investment opportunity. Currently rented out until 2026, the property generates a reliable income of £30,000 per annum, excluding bills, with a rental increase set for summer 2025. The property is situated in a prime location, renowned for its strong demand from students and proximity to local amenities, public transport links, and major universities. With a generous living space, the property is well-suited for student living, offering both comfort and practicality. The property is fully tenanted and well-maintained, requiring no immediate work or additional outlay, and offers development potential (subject to planning permission) to increase both rental income and capital value. This hassle-free investment opportunity provides both short-term returns and long-term capital growth, making it an attractive proposition for investors seeking a steady income with added potential for growth.