Luton Road, Birmingham, B29
West Midlands
£475,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
Property details
Bedrooms
6Type
HouseArea
1345 sqftFeatures
- Garden
- HMO
Description
A six-bedroom student investment property arranged over three floors in Selly Oak, close to the University of Birmingham. The accommodation includes three bathrooms and is presented as a shared house, with access to local shops, amenities and transport links. The location and existing room count may suit buyers considering continued student letting, subject to checking the property's current use, licensing and compliance position.
The owner has advised that the property is freehold and falls within council tax band B. These details should be confirmed by the buyer's solicitor. Oakmans Estate Agents also notes that buyer identity and funds checks apply after an offer is accepted, with fees as set out by the agent.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
49out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a spacious six-bedroom student house in a strong Selly Oak location, with three floors and a practical multi-occupant layout. The photographed interiors look clean and usable, including a serviceable fitted kitchen and shower rooms; the main scope is light cosmetic work, such as refreshing plain finishes and making good between tenancies, rather than a major overhaul. The enclosed rear yard is low-maintenance, though it offers limited soft landscaping.
Renovation economics are a softer point: the asking price is reasonable enough, yet £4,500 of quoted works still lifts all-in spend towards £479,500 — around 13% above what similar-sized stock commands locally today. Not necessarily a deal-breaker for a project buyer, but it caps the headline score.
Key opportunities
- Refresh the plain finishes and make good the interiors to suit the next tenancy cycle.
- Make use of the six-bedroom, three-bathroom layout across three floors for student accommodation.
- Keep the enclosed rear yard low-maintenance or add planting to soften its gravelled appearance.
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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£
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years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,794
Based on a loan of £356,250 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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