Property Overview
An exceptional 7-bedroom, 3-bathroom HMO property located in the heart of Selly Oak, one of Birmingham’s most sought-after rental locations. Fully compliant with HMO regulations, this property currently produces a strong gross rental income of £37,000 per annum, offering investors both stability and growth potential.
The property benefits from:
- Current HMO Licence in Place
- All Doors are Fire-Safe (Fire Doors Installed Throughout)
- Mains-Wired, Interlinked Smoke Alarms & Heat Detector System
- Fully Furnished Bedrooms with Small Double Bed, Desk & Wardrobe
- Modern Fitted Kitchen with Integrated Appliances
- Additional Outbuilding Storage with Freezer & Tumble Dryer
Financial Summary
- Gross Rental Income: £37,000 per annum
- Utilities & Outgoings: approx. £4,522 per annum
- Net Rental Income: £32,478 per annum
- Asking Price: £450,000
Investment Returns:
- Net Yield: 7.2%
- Gross Yield: 8.2%
This is an attractive return for a fully managed, licensed HMO property in a prime location.
Location – Selly Oak, Birmingham
Selly Oak is one of Birmingham’s premier rental hotspots, underpinned by a consistent demand from students at the University of Birmingham as well as young professionals working in the city.
- Proximity to University of Birmingham – walking distance to campus
- Excellent Transport Links – Selly Oak train station provides rapid access to Birmingham City Centre and beyond
- Major Regeneration – The £300m Selly Oak Shopping Park and ongoing infrastructure developments continue to drive demand and improve the area
- Strong Rental Market – HMOs in Selly Oak consistently enjoy near 100% occupancy, with both student and professional demand
Capital Growth & Rental Appreciation
Selly Oak has seen consistent capital appreciation in recent years, with student property sales in particular outperforming many areas of Birmingham. The ongoing expansion of the University of Birmingham, combined with wider city regeneration, ensures continued rental growth and property value increases.
- Rising Rents – Student rents in Selly Oak have increased year-on-year, with further growth expected as supply remains limited
- Strong Capital Appreciation – HMO properties in Selly Oak have seen notable increases in value over the past decade, with continued upward trends forecast
- Resilient Asset Class – Student and professional HMOs remain one of the most robust property investment strategies in Birmingham
Why Invest in 256 Heeley Road?
- Fully Licensed 7-Bed HMO – ready to generate income immediately
- Strong Net Yield of 7.2%
- High Demand Location – near 100% occupancy rates historically
- Ongoing Rental & Capital Growth Potential
- Proven Track Record – currently earning an annual income of £37,000
