Summary - 163 HEELEY ROAD SELLY OAK BIRMINGHAM B29 6EJ
5 bed 5 bath House
Turnkey HMO with secure income near campus and station.
- Five en‑suite bedrooms ideal for student lets
- Rented until June 2026 at £36,400.20 per year
- Prime Selly Oak location near university and station
- Freehold mid‑terrace, built circa 1900–1929
- Small overall size and very small plot
- On‑street parking only; no private parking
- High local crime level may affect management
- Sold by auction; non‑refundable reservation fee applies
A ready-made HMO investment in prime Selly Oak, offered with tenants in place until June 2026 producing £36,400.20pa. The mid-terrace property contains five en‑suite bedrooms and an open-plan kitchen/living area, designed and fitted for student rental demand close to the University of Birmingham and Selly Oak station.
The house is modern and well presented internally with integrated kitchen appliances, contemporary living space and individual en‑suites that support strong occupancy. It is freehold and constructed circa 1900–1929 with solid brick walls and double glazing (installed before 2002). On-street parking serves the property.
Important sale conditions and costs: this will be sold by auction (Modern Method). The buyer will sign a Reservation Agreement and pay a non‑refundable Reservation Fee (4.5% of purchase price, minimum £6,600). A Buyer Information Pack costing £300 is required before bidding. Prospective purchasers should verify all details with their solicitor and lender prior to bidding.
Note the wider context for asset management: the property occupies a very small plot in a high-crime area and sits within a densely rented, student-focused neighbourhood. The building is older with assumed no cavity insulation; further refurbishment or ongoing maintenance may be needed to maintain standards and energy performance.
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