Nestled in the sought-after student area of Selly Oak, this four-bedroom property offers a remarkable opportunity for investors aiming to capitalize on a reliable income source or embark on a transformative project with considerable growth potential. Currently tenanted until June 30, 2025, it brings in an impressive gross annual rental income of £21,900, inclusive of bills, and enjoys a strong track record in a consistently high-demand market near the University of Birmingham, local amenities, and public transport.
The layout includes four letting bedrooms, a main bathroom, and an additional separate WC, catering well to shared living arrangements for students. While functional as is, there is substantial opportunity for enhancements both internally and externally. Investors could modernize and reorganize the space to boost rental returns and elevate overall property desirability. Notably, the seller is actively working on a Certificate of Lawful Use application, providing added confidence for prospective buyers.
With proven rental success in this vibrant Selly Oak locale and clear avenues for value enhancement, this property stands as an excellent investment or development venture tailored for those looking to thrive in the dynamic student housing market.
