AT A GLANCE
Client Type: Property Investor
Property Type: Undeveloped house → refurbished HMO
Location: Tiverton Road, Selly Oak
Bedrooms: Previously 4, 6 after refurbishment
Yield Achieved: 8.3% gross (post-purchase and refurbishment)
Service Provided: Full refurbishment (via Acorn), tenanting, lettings
Refurb Cost (Approx): £165,000 + VAT
Let Status: Fully let before completion
Planning Involved: We obtained all relevant planning, also 1 years warranty
Ongoing Management: We rented the property off plan and now continue to manage the property
THE BRIEF
Acting on behalf of a private investor, we managed the refurbishment and letting of a Selly Oak property, transforming it into a fully let HMO and securing tenants off plan.
THE RESULT
Our in-house team, Acorn, delivered a full refurbishment tailored to HMO standards. Oakmans secured tenants off plan, ensuring immediate rental income upon completion. The investor achieved an 8.3% gross yield, with no void period and a fully managed asset from day one.
