£240,000
3 bed flat for saleHeeley Road, Selly Oak, Birmingham, West Midlands B29
3 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Oakmans Estate Agents
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About this property
Student investment
8.1% rental yield
Three bedrooms
Let for 2025/2026
Fully licenced
Close to university of birmingham
Oakmans Estate Agents are pleased to present this excellent opportunity to acquire a fully let and fully licensed three-bedroom student investment property, ideally located in the heart of Selly Oak-just a short walk from the University of Birmingham and directly opposite Selly Oak Train Station.
This well-maintained flat comprises three spacious double bedrooms, a generous communal living area, and a fully fitted kitchen, making it highly desirable for student tenants.
The property is fully licensed and is already let for the 2025/2026 academic year at £1,689.99 per calendar month (excluding bills), offering landlords a strong gross rental yield of 8.1%-a ready-made investment with guaranteed income.
Located in one of Birmingham’s most sought-after student areas, the property benefits from excellent transport links, including immediate access to Selly Oak Train Station, and is within close proximity to a range of local amenities.
Contact Oakmans today to secure this ideal, income-generating student investment.
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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More information
Tenure
Leasehold (105 years)
Service charge
£2,928 per year
Council tax band
B
Ground rent
£100
Ground rent date of next review