Situated in the sought-after student district of Selly Oak, this four-bedroom HMO property on Winnie Road represents a promising investment for those looking to capitalize on rental income or explore renovation opportunities. The property is currently leased until June 30, 2025, producing an annual gross income of £21,900, which includes utility bills. Its strategic location offers easy access to the University of Birmingham and nearby amenities, making it an appealing choice for tenants.
The interior layout features four bedrooms along with a main bathroom and an additional WC, ideal for shared accommodation. While the existing configuration serves its purpose, there is ample potential for enhancement and reconfiguration—both inside and outside—to elevate rental yields and increase the property's market value.
Although the property lacks a Certificate of Lawful Use at present, the vendor is actively pursuing one, providing further reassurance to potential investors. With its established rental history and clear avenues for value addition, this property stands as an excellent investment option or development project in a vibrant student market.