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

West Midlands

£280,000
Listed on 06/03/2026

Property Details

Bedrooms
4
Type
Terraced

Description

Situated in the sought-after student district of Selly Oak, this four-bedroom HMO property on Winnie Road represents a promising investment for those looking to capitalize on rental income or explore renovation opportunities. The property is currently leased until June 30, 2025, producing an annual gross income of £21,900, which includes utility bills. Its strategic location offers easy access to the University of Birmingham and nearby amenities, making it an appealing choice for tenants. The interior layout features four bedrooms along with a main bathroom and an additional WC, ideal for shared accommodation. While the existing configuration serves its purpose, there is ample potential for enhancement and reconfiguration—both inside and outside—to elevate rental yields and increase the property's market value. Although the property lacks a Certificate of Lawful Use at present, the vendor is actively pursuing one, providing further reassurance to potential investors. With its established rental history and clear avenues for value addition, this property stands as an excellent investment option or development project in a vibrant student market.

Investment Analysis

(B29 area)
Area Average
£309/sq ft
Avg Rent (weekly)
£272
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
21%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +1.9%
5 year growth: +15.5%
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

Winnie Road - Copy, Selly Oak, West Midlands, B29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£992
Based on a loan of £210,000 over 30 years at 3.91% 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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