Birmingham, Birmingham, B16 9ST

Oakmans Estate Agents are delighted to present this attractive Victorian property on Stanmore Road, offering an excellent opportunity to acquire a freehold investment comprising three self-contained residential flats.

Arranged over three floors, the property comprises two one-bedroom flats and one two-bedroom flat, providing a total of four bedrooms across the investment. All three apartments are currently let to working professionals, generating an established rental income of £2,200 per calendar month, equivalent to £26,400 per annum and an attractive gross yield of approximately 6.6% based on the current asking price.
The existing rental income provides an appealing starting point for investors, with further potential to enhance returns through future rental reviews. Apartment 1, a one-bedroom apartment, is currently let at £730 per calendar month, with an indicated market rent of £800 per calendar month. Apartment 2, a two-bedroom apartment, currently achieves £895 per calendar month, with a rent review due after February 2027. Apartment 3, a smaller one-bedroom apartment, is currently let at £575 per calendar month, with an indicated market rent of £650 per calendar month.
Based on the stated market rents for Apartments 1 and 3, the combined rental income could increase to £2,345 per calendar month, equivalent to £28,140 per annum. At the current asking price, this would represent a potential gross yield of approximately 6.6%, subject to achieving the indicated market rents.
The property also benefits from established tenancies, with Apartments 1 and 3 occupied by tenants who have been in residence for over three years, offering investors the benefit of an established rental history and continuity of rental income.
Ideally positioned in a popular residential location, Stanmore Road benefits from convenient access to local amenities and transport links, supporting its appeal to professional tenants. With three separate income streams, existing tenancies and scope for rental growth, this is an attractive opportunity for both experienced landlords and investors looking to expand their residential property portfolio.
Accommodation
Ground Floor – Apartment 1
• Entrance hall
• Spacious lounge/dining room
• Fitted kitchen
• One double bedroom
• Family bathroom
Current rent: £730 per calendar month
Indicative market rent: £800 per calendar month
Current Tenancy: Over three years
First Floor – Apartment 2
• Entrance hall
• Lounge/dining room
• Fitted kitchen with external stairs leading to the shared rear garden
• Two double bedrooms
• Family bathroom
Current rent: £895 per calendar month
Rent review due after February 2027
Current Tenancy: Since February 2026
Second Floor – Apartment 3
• Entrance area
• Open-plan lounge, dining and kitchen area
• One double bedroom
• Family bathroom
Current rent: £575 per calendar month
Indicative market rent: £650 per calendar month
Current Tenancy: Over three years
All three apartments are accessed via well-maintained communal entrance areas and benefit from access to a generously sized shared rear garden.
Retaining the character and charm of its Victorian origins, the property offers a versatile multi-unit residential investment in an established rental location. With three self-contained apartments, four bedrooms in total, established professional tenants and the potential to improve rental returns, Stanmore Road represents an appealing turnkey investment opportunity.
Current combined rental income: £2,200 PCM | £26,400 PA
Potential combined rental income: £2,345 PCM | £28,140 PA
Potential rental income and yields are indicative and are not guaranteed.
Property type: Semi-detached house
Tenure: Freehold
Council Tax Band: A
EPC Rating: Flat 1, C – Flat 2, C – Flat 3, C
Construction Type: Standard construction
Parking Arrangements: Off street parking
Broadband: Fibre (FTTP)
Mobile Signal Coverage: No known issues
Water Supply: Mains
Sewerage: Mains
Electric: Mains
Heating Supply: Gas
Building Safety Issues: No
Special Conditions: None
Flood Risk or Previous Flooding: No
Mine Shafts/Coal Fields/Erosion: No
Restrictions: No
Rights and Easements: No
Planning Permissions: No
Local Developments: No
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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.