Chain-free 3-bed maisonette with immediate rental income near the university.
- Chain free, currently let producing £14,400 per annum
- Three bedrooms, one family bathroom, 726 sqft (compact layout)
- Leasehold: c.94 years remaining; ground rent £20 pa
- Double glazing present; install date unknown
- Mains gas boiler and radiators; typical mid‑century construction
- Located in student triangle, short walk to University of Birmingham
- High local crime rate — factor for management and insurance
- Very cheap council tax supports tenant affordability
Chain-free three-bedroom maisonette in Selly Oak, presented as a ready-made rental with current income and excellent local demand. Positioned within the student triangle and a short walk from the University of Birmingham, the property benefits from strong tenant interest, easy transport links and nearby retail and hospital amenities.
Accommodation is arranged over a traditional layout and totals about 726 sqft: living/dining room, modern separate kitchen, three bedrooms and a single family bathroom. The building is a mid‑century, mid‑terrace block with double glazing (install date unknown) and gas central heating via boiler and radiators. Current rental income of £14,400pa demonstrates immediate yield potential for buy-to-let investors.
Important factual points: the flat is leasehold with about 94 years remaining, a low annual ground rent (£20) and very cheap council tax, which supports affordability for tenants. The area is classified as a cosmopolitan student neighbourhood and crime levels are reported as high — factors that impact letting strategy, insurance and potential management costs. The property is compact and best suited to investors targeting student or shared accommodation rather than purchasers seeking a large family home.
This is a straightforward, cashflow-focused opportunity: favourable location and existing income reduce void risk, but budget conservatively for management, wear-and-tear and local-area considerations when assessing net returns.
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