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4 bedroom house for sale
Fairgreen Way, Selly Oak, Birmingham, B29
£399,950
Fairgreen Way, Selly Oak, Birmingham, B29
£399,950
Price History
Initial price | £425,000 |
07/06/24 | £399,950 |
Price Change | -5.89% |
Description
Oakmans Estate Agents presents a fantastic investment opportunity in the popular student area of Selly Oak. The property, located in Fairgreen Way, is a four-bedroom HMO granted property with tenants in situ until June 2025, generating an annual income of circa £26,000 and offering a rental yield of 6.5%. The property boasts modern furnishings, contemporary living, and good quality laminate flooring and carpets throughout. The open-plan living/kitchen area is fully equipped with appliances, and the two modern shower rooms feature white sanitary ware and extractors. The property also benefits from gas central heating, upvc windows, and a private back garden with gated access. With potential to extend, this property is an excellent opportunity for investors looking for a hassle-free and lucrative investment in a desirable location close to public transport and the railway station.