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Heeley Road, Birmingham, B29

West Midlands

£380,000
Listed on 09/10/2025

Property Details

Bedrooms
6
Type
Terraced house

Description

This property presents a promising investment opportunity in the vibrant Selly Oak neighborhood. Featuring six bedrooms and two bathrooms, this spacious residence is currently vacant, allowing for immediate renovation and customization to suit market demands. Its layout offers ample room for reconfiguration, making it an appealing project for those looking to maximize their investment. Strategically located, the property is within close proximity to essential amenities such as Bristol Road, Selly Oak Train Station, the University of Birmingham, and the Queen Elizabeth Hospital. This prime positioning makes it particularly attractive for rental purposes, appealing to both students and professionals seeking convenient access to education and employment centers. Investors will recognize the substantial potential for value enhancement through thoughtful renovations. Updating the property can lead to increased market value and enhanced rental returns in this desirable area. Whether you're entering the investment market or seeking opportunities to grow your existing portfolio, this property stands out as a viable choice within a thriving community. Take advantage of the possibilities that await with this renovation-ready home.

Investment Analysis

(B29 area)
Area Average
£304/sq ft
Avg Rent (weekly)
£335
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 5.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on B29 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Heeley Road, Birmingham, B29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,392
Based on a loan of £285,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE