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£610,000

6 bed detached house for sale
North Road, Selly Oak B29

    • 6 beds

    • 6 baths

    • 3 receptions

  • EPC Rating: E

Freehold
Added on 10/12/2024

About this property

  • - Prime Selly Oak Location

  • - Six En-Suites

  • - Turnkey Opportunity

  • - Fantastic Investment Opportunity

*High-Yield 6-Bedroom HMO Investment Property in Prime Selly Oak Location*

An exceptional opportunity for investors to acquire a six-bedroom, six en-suite HMO property, ideally located in the heart of Selly Oak. Spanning three floors, this well-maintained property generates a gross rental income of £48,108 per annum, offering excellent returns and consistent tenant demand.

Six Bedrooms, All En-Suite: Designed for modern student or professional living, providing privacy and convenience for tenants.

Three Shared Kitchens: Spacious and fully equipped kitchens, ideal for shared accommodation.

Prime Location: Just a short distance from the University of Birmingham, Selly Oak train station, and the vibrant local amenities.

High Rental Income: Gross annual rental income of £48,108, ensuring a solid investment.

Turnkey Opportunity: Fully tenanted, offering immediate returns with no additional setup required.

This property represents a fantastic investment opportunity in one of Birmingham’s most sought-after rental markets.

Contact us today to arrange a viewing and secure this high-performing asset

Material information - Please note this information has been provided to Oakmans by the seller and should be verified by your solicitor.
Council Tax band: B
Property type: House
Tenure: Freehold
Construction Type: Standard
Parking Arrangements: On street parking
Broadband: Tbc
Mobile Signal Coverage: Tbc
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Tbc
Building Safety Issues: No
Special Conditions: No
Other Issues: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
Accessibility Adaptations: No

Anti-money Laundering Checks (aml)
Regulations require us to conduct identity and aml checks and gather information about every buyer's financial circumstances. These checks are essential in fulfilling our Customer Due Diligence obligations, which must be done before any property can be marked as sold subject to contract. The rules are set by law and enforced by trading standards.

We will start these checks once you have made a provisionally agreeable offer on a property. The cost is £100 (plus VAT). This fee covers the expense of obtaining relevant data and any necessary manual checks and monitoring. It's paid in advance via our onboarding system, Kotini, and is non-refundable.

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Monthly repayment

£3,051 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Freehold

  • Council tax band

    A band has not yet been confirmed.

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