Raddlebarn Court, 71a Raddlebarn Road, Birmingham, West Midlands, B29 6HE

For Sale

Other Development Land/Site, Residential Investment, Birmingham, B29


Raddlebarn Court
71a Raddlebarn Road
Birmingham
West Midlands
B29 6HE

The opportunity compromises an income-producing 44-bedroom student HMO investment property, with shared communal facilities and 9 parking spaces. The unit mix consists of 10 en-suite rooms and 34 cluster rooms. The property is located in Selly Oak, within close proximity to University of Birmingham campus. Current passing rent is £221,098. ERV is c. £280,000 at 100% occupancy. The property is offered with a guide price of £3,000,000 subject to contract. This reflects a GIY at full occupancy of 9.30% and blends at c. £68k a bed.


Raddlebarn Court, 71a Raddlebarn Road, Birmingham, West Midlands, B29 6HE
  • Ref: 2072296
  • Tenure: Freehold
  • Types: Other Development Land/Site, Residential Investment, Student Accommodation
  • Freehold: £3,000,000 for the freehold
  • EPC: C

Key Features

  • An income-producing 44-bedroom student HMO opportunity

  • Located in the vibrant Selly Oak

  • Approx. 0.8miles from University of Birmingham

  • Freehold sale with 9 car parking spaces

  • Current passing rent is £221,098.

  • ERV is c. £280,000 at 100% occupancy

Location

Raddlebarn Court, 71a Raddlebarn Road, Birmingham, West Midlands, B29 6HE

The property is prominently located along Raddlebarn Road within Selly Oak, which is a vibrant and popular student-focused community. The surrounding area is a hub for students due to its proximity to University of Birmingham main campus and with many pubs, eateries and shops all within a short walk of Raddlebarn Court.

Additional Info

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