Harold Road

Prime Location

Nestled just off Edgbaston Reservoir, this property sits within a sought-after residential pocket of Edgbaston—minutes from University of Birmingham, the Jewellery Quarter, Five Ways and New Street transport links, local schools, cafés and green spaces.

Title & Tenure

Tenure: Freehold mid-terrace house.
Built Area: c. 98 sqm (approx.) per historic title data.

Property Overview

• Licensed HMO (3-bed maximum) since August 2024, fully compliant with Birmingham City Council.
• Bedrooms:
  • Ground Floor: Bed 1 – 12.5 sqm.
  • First Floor Front: Bed 2 – 15.9 sqm.
  • First Floor Centre: Bed 3 – 11.12 sqm.
• Inclusive utilities package (gas, electricity, broadband, water & Council Tax from 2024)—streamlined for landlord and tenant management.

Financial Performance

Current Rent (post-July 2025 review): £1,760 pcm / £21,120 pa
Historic Net Rental Income:

• Jul 2025 est.: £20,521 – £4,331 = £16,190
• Jul 2024: £20,000 – £4,448 = £15,552
• Jul 2023: £18,700 – £4,135 = £14,565
• Jul 2022: £18,000 – £4,500 = £13,500

Net rental growth: 20% increase in 3 years
Gross Yield (asking price £270k): 803% pa
Indicative Net Yield: 6.5%+ pa based on current net income

Local Market & Appreciation

• Average property value in B16 9DN: £188,880; up 36% over 10 years.
• B16 9DA (neighbouring zone): avg value £220,100; yields c. 5.8%.
• Comparable sold data: 11 Harold Rd sold (freehold) last in 2018 at £175k; nearby 21 Harold Rd sold for £265k in 2022.
• Rental rates in the area show a strong upward trend of 76% over 10 years.
• Comparable sold properties showing a variety of rental incomes and yields.

Investment Highlights

Why 11 Harold Road Stands Out

1. Turnkey HMO income—set at £21 k pa gross, with growth baked in.
2. Regulated & licensed, removing compliance uncertainty.
3. Freehold ownership—no ground rent, no lease concerns.
4. Edgbaston location—high demand from students, professionals, young families.
5. Market momentum strong—values and rents rising steadily.
6. Value buy relative to nearby comparables with uplift potential.

Conclusion

At £250,000 freehold, this is a compelling HMO investment offering 8.3% gross yield, growing net income, and clear capital appreciation prospects. It ticks all boxes for landlord security, regulatory compliance, and local market strength.

Get in touch with the team