Student-let four-bedroom semi in Selly Oak — immediate income and refurbishment potential.
Let to students until June 2026 at £1,560 pcm
Gross yield c.6.2% at £300,000 asking price
Four double bedrooms, single bathroom only
Requires refurbishment — 1930s character needs updating
Freehold with no upward chain
Decent plot with rear garden
Fast broadband and excellent mobile signal
Above-average local crime; area shows deprivation
A four-bedroom 1930s semi in Selly Oak close to the University of Birmingham, offered freehold with no upward chain. The property is currently let to students until June 2026 for £1,560 pcm (£18,720 pa), which equates to a gross rental yield of about 6.2% at the asking price of £300,000. Fast broadband, excellent mobile signal and close public transport links support strong student demand.
The house is described as a fixer-upper with period bay windows and some dated interiors — a straightforward refurbishment opportunity for an investor or a buyer seeking a family home after renovation. Accommodation includes four double bedrooms and a single bathroom; one-bathroom layouts are typical for student lets but may limit appeal to families without updating.
Practical positives include a decent plot with a garden, freehold tenure and an affordable council tax band C. Important local factors: the area shows above-average crime rates and relative deprivation, which are material for long-term owner-occupiers but less unusual for high-demand student locations.
In short: strong rental fundamentals and immediate income for investors with medium-term reconfiguration potential for an owner-occupier prepared to renovate. Any buyer should verify tenancy details and local information; the property will suit someone targeting student rental returns or a renovation project in a well-connected suburban location.
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