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Heeley Road, Selly Oak, West Midlands, B29 - Image 1
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Heeley Road, Selly Oak, West Midlands, B29 - Image 3
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Heeley Road, Selly Oak, West Midlands, B29

West Midlands

£375,000
Listed on 18/02/2026

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents an appealing prospect for investors seeking long-term rental opportunities in Selly Oak, a vibrant area of Birmingham known for its strong demand among students and professionals. Currently leased with steady rental income until summer 2026, the home provides a safeguard for your investment while you consider future enhancements. The residence features five spacious bedrooms and two bathrooms, making it ideal for sharers or family tenants. Its prime location near the University of Birmingham and excellent transport links ensures consistent appeal in the rental market. Importantly, this property offers notable potential for development. Whether you're interested in expanding the living space, reconfiguring existing layouts, or modernizing interiors to meet current market demands, there are plenty of avenues to explore that could significantly enhance value (subject to obtaining necessary planning permissions). Highlighting key aspects: - Five bedrooms and two bathrooms suitable for varied tenant profiles - Reliable rental income secured until 2026 - Desirable location close to amenities and transport links - Proven performance in the rental sector - Ample scope for property improvement or expansion This asset stands out as a strategic investment opportunity with considerable upside potential, catering to both seasoned investors and newcomers looking to enter the competitive Selly Oak market.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
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

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

£
£
£
%
%
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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