Heeley Road, Birmingham, B29

Oakmans Estate Agents are pleased to present this four-bedroom, two-bathroom investment property, ideally positioned within the highly sought-after student area of Selly Oak. Arranged over two floors, this property offers an attractive opportunity for investors seeking a well-established rental investment in one of Birmingham’s most popular student locations. The property benefits from a full HMO licence and is compliant with the relevant requirements, making it an appealing prospect for both existing landlords and investors looking to expand their portfolios. The property currently generates an annual rental income of £22,880.16, representing a gross yield of 6.7% at the asking price of £340,000. While currently let, the property is not yet secured for the 2027/28 academic year, providing an opportunity for an incoming investor to review the rental strategy and future letting arrangements. The accommodation briefly comprises four bedrooms, two bathrooms, a kitchen and a separate lounge area, offering practical living space for multiple occupants. A key feature of this property is its development potential, presenting an opportunity for investors to explore the scope for future improvements, subject to the necessary planning permissions, licensing requirements and any other relevant consents. Situated in the heart of Selly Oak, the property is conveniently located close to the University of Birmingham, making it well positioned to appeal to the area's established student rental market. Selly Oak offers a wide range of local amenities, including supermarkets, cafés, restaurants and retail outlets, alongside transport links providing access to Birmingham City Centre, the Queen Elizabeth Hospital and surrounding areas. A compelling investment opportunity combining an established rental income, a fully licensed HMO and potential for future development in one of Birmingham’s recognised student rental locations. Early enquiry is highly recommended.