Offers in region of
£269,950
(£214/sq. ft)
4 bed terraced house for saleSlade Road, Birmingham B23
4 beds
2 baths
1 reception
1,260 sq. ft
EPC Rating: D
Freehold
About this property
An excellent opportunity to acquire a versatile property on Slade Road in the popular Erdington area. Previously operated as a five-bedroom HMO, the property benefits from an existing Lawful Development Certificate (ldc). Currently let on a 5 year lease to a supported living company under C3 residential use. The property has been reconfigured and is being utilized as a four-bedroom house, generating a rental income of £1,600 per calendar month.
For investors, the property offers strong potential:
Can be operated as a four-bed HMO in its current configuration.
With improvements to loft access, the property could be reinstated as a five-bed licensed HMO, increasing rental yield and long-term return.
Located close to local amenities, transport links, and major routes into Birmingham City Centre, this property represents an appealing purchase for landlords, developers, or buyers seeking a spacious home with scope to add value.
Room 1
Room 2
Room 3
Room 4
Room 5
Front
Bathroom
Kitchen
Exterior
For investors, the property offers strong potential:
Can be operated as a four-bed HMO in its current configuration.
With improvements to loft access, the property could be reinstated as a five-bed licensed HMO, increasing rental yield and long-term return.
Located close to local amenities, transport links, and major routes into Birmingham City Centre, this property represents an appealing purchase for landlords, developers, or buyers seeking a spacious home with scope to add value.
Room 1
Room 2
Room 3
Room 4
Room 5
Front
Bathroom
Kitchen
Exterior
Mortgage calculator
Monthly repayment
£1,350 per month
Whole of market comparison
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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.



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