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Tiverton Road, Selly Oak, West Midlands, B29 - Image 1
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Tiverton Road, Selly Oak, West Midlands, B29

West Midlands

£375,000
Listed on 13/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom house in Selly Oak presents a promising investment opportunity for those looking to enter the rental market. Currently set up as a fully let House in Multiple Occupation (HMO), this property spans three floors and features four spacious bedrooms, one of which includes an ensuite, along with a modern family bathroom and an additional shower room with WC. The design caters well to the local demand from students and professionals alike. With a current rental income of £26,697 per annum, set to increase to £27,114 from July 2026, it provides immediate cash flow for potential buyers. A notable aspect of this property is its sizeable rear garden, which holds considerable possibilities for enhancement or extension (pending necessary permissions). This aspect not only adds value but also offers flexibility in future developments. Furthermore, having secured a Certificate of Lawful Use from Birmingham City Council adds peace of mind for investors. Positioned conveniently near the University of Birmingham, Queen Elizabeth Hospital, and excellent transport options, this property combines steady rental income with significant growth potential.

Investment Analysis

(B29 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£306
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +3.1%
5 year growth: +14.5%
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

Tiverton Road, Selly Oak, West Midlands, B29
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 over 30 years at 4.06% 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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