Pershore Road, Birmingham, B29
West Midlands
£260,000
Listed on 05/09/2026
Listed on 05/09/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
775 sqftFeatures
- HMO
- Tenanted
Description
This four-bedroom terraced property is offered as a fully let HMO, with tenants and professional management already in place. The seller describes it as being in very good condition and notes student occupancy, with council tax exemption stated for the current arrangement. Buyers should verify the tenancy, income, management terms and applicable HMO requirements as part of their checks.
The property is in Birmingham, with the listing citing access to the University of Birmingham and other educational institutions, local amenities, bus routes and major road connections. Cannon Hill Park, Edgbaston Cricket Ground and The MAC are also identified among nearby facilities.
The listing refers to scope to increase rents and to development potential, subject to planning. Any proposed changes would need appropriate planning and regulatory checks. The property is freehold, has an EPC rating of D and is connected to mains gas, electricity, water and sewerage. On-street parking is stated.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a usable four-bedroom HMO with a functional kitchen, established student letting and a location close to Cannon Hill Park, Edgbaston Cricket Ground and major education and transport links. The photographed interiors are mostly plain or dated rather than in need of wholesale work; a light refresh and attention to the weeds and weathered fencing could sharpen the presentation, with renovation estimated at £5,000–£12,000.
The asking price is £335 per sq ft, above the local average of £310, so price is a limitation rather than a value advantage. All-in costs for purchase plus refurbishment also look tight against local benchmarks, which tempers the appeal despite the established rental setup. Overall, it offers a manageable improvement project, but the numbers call for careful scrutiny.
Key opportunities
- Refresh the dated living-area finishes and older bathroom décor without taking on a full renovation.
- Tidy the paved outdoor areas and improve the weathered fencing for a more cared-for finish.
- Build on the existing student letting and management setup in a location near universities, amenities and transport.
Key risks
None recorded.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£982
Based on a loan of £195,000 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.
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