Refurbished 4-bed HMO near university and hospital — tenants in situ, ready for income.
Fully licensed 4-bed HMO, currently let to students
A fully licensed, four-bedroom HMO in Harborne, recently refurbished and currently let to students, offered freehold and chain-free. At about 971 sq ft with two bathrooms and a decent rear garden, the property is arranged over a traditional 1930s semi-detached layout and benefits from double glazing, gas central heating and a driveway.
Positioned in a quiet cul-de-sac within easy reach of the Queen Elizabeth Hospital and the University of Birmingham, the house is set for an investor seeking immediate rental income. Tenants are in situ, so the sale is offered with existing occupation — a plus for straightforward income continuity but a practical constraint for purchasers wanting vacant possession.
Notable considerations are the very high local crime levels and wider area deprivation, which can affect tenant mix and long-term capital growth. The solid brick construction likely lacks cavity insulation and, despite recent refurbishment, further energy-efficiency improvements (insulation upgrades, dated window install dates unknown) may be required to reduce running costs and future-proof the asset.
Overall this is a compact, well-presented income property in a strong rental location. It suits investors targeting student or hospital-related lets who want a ready-made HMO with licence and immediate yield, while recognising the neighbourhood challenges and potential future maintenance or efficiency works.
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