5 bed terraced house for sale

Harrow Road B29

**Key Highlights:**

* Prime Selly Oak location
* Walking distance to the University of Birmingham
* Existing 5-bedroom HMO
* Communal lounge and kitchen
* Two bathrooms
* HMO use for over 10 years
* Potential for 8 studio apartments or a 9-bedroom HMO, subject to planning
* Neighboring properties converted to 8 and 9-bedroom HMOs
* Strong demand for student accommodation
* Potential studio rental income of approximately £850–£900 pcm

An exciting HMO development opportunity in a highly sought-after location on Harrow Road, Selly Oak, within easy walking distance of the University of Birmingham and the area’s extensive student amenities.

The property is currently arranged as a **5-bedroom HMO** and benefits from a communal lounge, kitchen and two bathrooms. It has been successfully operated as student accommodation for **in excess of 10 years**, with supporting documentation available upon request.

The property offers significant potential for future development, subject to obtaining the necessary planning consents. Potential schemes could include the conversion to **8 self-contained studio apartments** or alternatively a **9-bedroom HMO**, providing an exciting opportunity to enhance the property's rental income and investment potential. The Landlord has submitted an application to convert the property from a 5 Bedroom HMO to 8 studio flats.

The neighboring properties have already been converted into **8-bedroom and 9-bedroom HMOs**, demonstrating the suitability of the location for high-density student accommodation and the potential for further development in the immediate area.

Selly Oak remains one of Birmingham’s strongest student rental markets due to its close proximity to the University of Birmingham, excellent transport links and established student community. There is consistently strong demand for high-quality student accommodation, with studio apartments in the Selly Oak area achieving approximately **£850–£900 per calendar month**, subject to specification, size and market conditions.

This represents an excellent opportunity for investors, developers and experienced HMO operators seeking a property with an established HMO history, strong student rental demand and significant potential for future development.