Selly Oak, Selly Park

Oakmans are pleased to present an excellent opportunity to develop a residential home in selly oak into a student HMO.
This is a rare find due to the ever decreasing number of residential properties still remaining in this student strong hold area.
The property benefits from having a low maintenance garden has room for an extension STPP and is also ideal for families needing extra bedroom space.
A freehold property in council tax band A. EPC rating D.
Location
Located on North Road, one of the most popular and sought after roads for students of the University of Birmingham - There is potential to develop this property into a student HMO, generating excellent returns. All the amenities and transport links that tenants or families may require are within close reach. The University of Birmingham, Queen Elizabeth Hospital, retail parks, high street, bus stops and University and Selly Oak train stations are a short walk from the property.
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Anti-money Laundering Checks (AML)
To meet our legal obligations under Anti-Money Laundering regulations and current HMRC guidance, we complete electronic identity and compliance checks for all buyers. This includes verifying proof of funds and, where required, the source of those funds.
A one-off fee of £100 + VAT applies to the first buyer, with a reduced fee of £50 + VAT for each additional buyer. Where gifted funds are being used, identity verification for each gift donor is £30 + VAT.
These checks help protect everyone involved in the transaction and are completed once an offer has been accepted, before the memorandum of sale is issued.