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Teignmouth Road, Selly Oak

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment
  • 9%
  • Student triangle

Description

Presenting a lucrative investment opportunity in the heart of Selly Oak, just a stone's throw away from the University of Birmingham. This spacious and modern 6-bedroom, 3-bathroom property is an investor's dream, offering an impressive potential rental income of £110 per person per week, resulting in an attractive yield of approximately 9%.


Property Highlights:
Location: Situated in the highly sought-after area of Selly Oak, this property benefits from close proximity to the University of Birmingham, making it an ideal choice for student accommodation. The neighborhood offers excellent transport links, a variety of shops, restaurants, and recreational facilities, ensuring a convenient and enjoyable lifestyle for tenants.

Accommodation: The property boasts six generously sized bedrooms, providing ample living space for tenants. Each room is designed with comfort and functionality in mind, making it an appealing option for students seeking a home away from home.

Rental Potential: This ready-to-go investment property offers an impressive rental yield of around 9%, with the potential to rent each bedroom for £110 per week. Given the high demand for student accommodation in this prime location, investors can expect a steady and reliable rental income.

Condition: The property is in a good condition, requiring no immediate work, allowing investors to start generating rental income without delay.

Investment Appeal: The combination of its prime location, spacious accommodation, and strong rental potential makes this property a highly attractive investment. With the university nearby, there is a consistent demand for quality student housing, ensuring long-term occupancy and financial stability.
 
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Teignmouth Road, Selly Oak

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Selly Oak Station0.3 miles
  • University Station0.8 miles
  • Bournville Station1.0 miles
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About the agent

PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham

189 Dawlish Road, Bournbrook, Birmingham, B29 7AW

PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham

Sales

Our expert sales team are specialists at selling investment properties. Due to the expert knowledge within our team, and our completely transparent approach, both buyers and sellers benefit from high completion rates as we?re able to avoid many of the pitfalls which can cause sales to fall through.

Because we live and breathe investment property, we know how to value it properly, how to market it correctly, and how to avoid the pitfalls of down valuing and make sure we have

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Disclaimer - Property reference 135. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PURPLE FROG ASSET MANAGEMENT LIMITED, Birmingham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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