6 bed detached house for sale

North Road, Birmingham B29

Description

*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 £51,360.00, 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

Scan the qr code to see material information provided by the seller. Oakmans are not liable for any information provided and it must be verified by a legal representative.

Anti-money Laundering Checks (aml)

To meet our legal obligations under Anti-Money Laundering regulations and current hmrc guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.

A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.
These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.