Ready-let investment with refurbishment and dormer potential near universities.
Freehold mid-terrace with four bedrooms and two bathrooms
A compact four-bedroom mid-terrace in Edgbaston, offered freehold with an HMO layout and current lets in place until summer 2025, presents a ready income stream for investors. The property totals about 542 sq ft across multiple storeys and benefits from mains gas central heating, double glazing and a modern-feel living room. Council tax is low (Band B), helping to improve net yields for a buy-to-let portfolio.
The house needs renovation and cosmetic updating throughout — the kitchen dates from the 1990s and internal redecoration and modernization would be required to secure higher rents. The solid-brick walls likely lack cavity insulation, so energy-efficiency improvements should be factored into refurbishment costs. Planning potential to add a rear dormer is mentioned (no application submitted), offering a realistic route to increase lettable space and rental income subject to consents.
Location strengths include proximity to University College Birmingham and local transport links, producing steady student demand in this cosmopolitan rental neighbourhood. However, the area records higher crime levels and broader deprivation indicators; investors should price tenant screening, security measures and potential voids accordingly. The small plot and compact room sizes suit investors targeting maximised rental return rather than family occupation.
Overall this is a value-driven, small-footprint HMO with immediate income and clear upside through refurbishment and possible loft/dormer development. It will suit investors comfortable managing a renovation in a high-demand student/young-professional area and prepared to address energy and security upgrades.
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