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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

£360,000

Listed on 16/07/2026

Property details

Bedrooms
4
Type
House

Description

This property presents an excellent investment opportunity with its fully let four-bedroom HMO located in the desirable area of Selly Oak, Birmingham. Spanning three floors, it offers spacious accommodation including four ample bedrooms, a modern family bathroom, and an ensuite, complemented by an additional shower room with WC. This setup caters effectively to the local market of students and professionals alike. Currently generating an annual income of £26,697 (bills included), there is a secured new tenancy scheduled from July 2026 for £27,114 per annum, ensuring immediate cash flow for any investor. The sizable rear garden not only provides outdoor space but also showcases significant development potential (subject to necessary consents), which could further enhance rental income or create additional living space. Importantly, the property comes with a Certificate of Lawful Use from Birmingham City Council, adding peace of mind for prospective buyers. Its prime location offers easy access to the University of Birmingham and essential amenities, bolstering its attractiveness as a high-yielding asset with growth opportunities in the future. Early viewing is encouraged to appreciate the full potential of this investment.

Investment analysis

(B29 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£262
Avg Yield
4.6%

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
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by +1.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +15.4%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,360
Based on a loan of £270,000 over 30 years at 4.45% 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.

Stamp duty calculator

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