Offers over
£240,000
(£230/sq. ft)
4 bed end terrace house for saleSefton Road, Birmingham B16
4 beds
2 baths
1 reception
1,044 sq. ft
EPC Rating: E
Sold STC
Freehold
About this property
Private garden
On street/residents parking
Central heating
Double glazing
Fireplace
Nestled in the vibrant area of Edgbaston, this property is a semi-detached House in Multiple Occupation (HMO) tailored for student accommodation. This property offers a blend of modern amenities and classic charm, making it an attractive investment opportunity.
Key Features:
Bedrooms: Four spacious double bedrooms, each furnished with a double bed, bedside table, chest of drawers, wardrobe, desk, and chair, providing a comfortable study and living environment for students.
Bathrooms: Two contemporary bathrooms, one located on the ground floor and the other on the first floor, ensuring convenience for all occupants.
Living Area: A cozy lounge area equipped with a flat-screen TV, perfect for relaxation and socializing.
Kitchen: A modern, fully-fitted kitchen designed to meet the daily needs of residents.
Recent Refurbishment: The property has been recently refurbished, enhancing its appeal and functionality.
Rental Income: Currently let to students, achieving a gross rent of £2,166.64 per calendar month, offering a steady income stream for investors.
Location Highlights:
Proximity to Educational Institutions: Situated near the University of Birmingham, Birmingham City University, and Aston University, the property is ideally located for student tenants.
Local Amenities: The area boasts a variety of shops, cafes, and recreational facilities, including the nearby Edgbaston Reservoir, offering both convenience and leisure opportunities.
Transport Links: Excellent public transport connections provide easy access to Birmingham city center and surrounding areas, making commuting straightforward for residents.
Investment Potential:
Birmingham continues to be a hotspot for property investments, particularly in the HMO sector, due to its substantial student population and growing appeal to young professionals. HMOs in the region typically offer rental yields between 8% and 12%, with this property currently achieving a gross annual rent of approximately £26,000.
Additional Information:
Property Size: The property spans approximately 1,044 square feet, offering ample space for occupants.
Historical Significance: Built between 1900 and 1929, the property retains period features that add to its unique character.
Conclusion:
This Sefton Road property presents a compelling opportunity for investors seeking a property with consistent rental income, a prime location, and strong demand from the student demographic. Its recent refurbishment, combined with its strategic positioning near major educational institutions and amenities, enhances its attractiveness as a valuable addition to any property portfolio.
Please note: All financial figures are approximate and subject to change. Prospective buyers are advised to conduct their own due diligence.
Key Features:
Bedrooms: Four spacious double bedrooms, each furnished with a double bed, bedside table, chest of drawers, wardrobe, desk, and chair, providing a comfortable study and living environment for students.
Bathrooms: Two contemporary bathrooms, one located on the ground floor and the other on the first floor, ensuring convenience for all occupants.
Living Area: A cozy lounge area equipped with a flat-screen TV, perfect for relaxation and socializing.
Kitchen: A modern, fully-fitted kitchen designed to meet the daily needs of residents.
Recent Refurbishment: The property has been recently refurbished, enhancing its appeal and functionality.
Rental Income: Currently let to students, achieving a gross rent of £2,166.64 per calendar month, offering a steady income stream for investors.
Location Highlights:
Proximity to Educational Institutions: Situated near the University of Birmingham, Birmingham City University, and Aston University, the property is ideally located for student tenants.
Local Amenities: The area boasts a variety of shops, cafes, and recreational facilities, including the nearby Edgbaston Reservoir, offering both convenience and leisure opportunities.
Transport Links: Excellent public transport connections provide easy access to Birmingham city center and surrounding areas, making commuting straightforward for residents.
Investment Potential:
Birmingham continues to be a hotspot for property investments, particularly in the HMO sector, due to its substantial student population and growing appeal to young professionals. HMOs in the region typically offer rental yields between 8% and 12%, with this property currently achieving a gross annual rent of approximately £26,000.
Additional Information:
Property Size: The property spans approximately 1,044 square feet, offering ample space for occupants.
Historical Significance: Built between 1900 and 1929, the property retains period features that add to its unique character.
Conclusion:
This Sefton Road property presents a compelling opportunity for investors seeking a property with consistent rental income, a prime location, and strong demand from the student demographic. Its recent refurbishment, combined with its strategic positioning near major educational institutions and amenities, enhances its attractiveness as a valuable addition to any property portfolio.
Please note: All financial figures are approximate and subject to change. Prospective buyers are advised to conduct their own due diligence.
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