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Winnie Road - 110992, Selly Oak, West Midlands, B29 - Image 1
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Winnie Road - 110992, Selly Oak, West Midlands, B29

West Midlands

£280,000
Listed on 08/03/2026

Property Details

Bedrooms
4
Type
Detached house

Description

Situated in the sought-after student enclave of Selly Oak, this four-bedroom HMO property on Winnie Road represents a compelling investment opportunity for those looking to tap into a reliable income stream or embark on a renovation project with significant upside potential. Currently tenanted until June 30, 2025, it generates an annual gross income of £21,900, inclusive of bills, and boasts a robust rental history in a high-demand area just a stone's throw from the University of Birmingham and local amenities, with excellent transport links enhancing its appeal.<br><br>The interior features four spacious bedrooms along with a main bathroom and an additional separate WC, making it suitable for tenant sharing arrangements. While the existing layout is functional, there is ample scope for modernisation and reconfiguration that could elevate rental values and enhance overall property desirability. Potential investors will also appreciate that although the property lacks a Certificate of Lawful Use at this time, the vendor is actively pursuing an application to secure this certification.<br><br>With its established rental performance, prime location in Selly Oak, and the opportunity to augment returns through thoughtful renovations, this property presents itself as an ideal prospect for investors eager to create value within a thriving student housing market.

Investment Analysis

(B29 area)
Area Average
£305/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (B29)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +5.5%
5 year growth: +17.3%
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

Winnie Road - 110992, 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
£1,010
Based on a loan of £210,000 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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