North Road, Birmingham, B29
West Midlands
£340,000
Listed on 16/09/2026
Listed on 16/09/2026
The listing
Property details
Bedrooms
4Type
TerracedArea
1023 sqftFeatures
- Garden
Description
Oakmans Estate Agents presents this four-bedroom freehold terraced house in Selly Oak, described as an opportunity to adapt a residential property for student HMO use. The listing also notes that it may suit a family needing additional bedroom space. The garden is described as low maintenance, and an extension may be possible subject to planning permission and other necessary consents. The property is in council tax band A and has an EPC rating of D.
North Road is close to the University of Birmingham, Queen Elizabeth Hospital, local shops and retail parks, bus routes, and Selly Oak and University railway stations. Any proposed HMO use or extension would need to be checked for planning, licensing and building-regulation requirements. Seller-provided material information should be verified by the buyer's legal representative.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: MEDIUM
This four-bedroom Selly Oak terrace has a usable starting point and a clear refresh project: the dated kitchen, older wall finishes and flooring offer scope to modernise the interior, while the enclosed garden and loft room add useful features. Its position near the university, hospital and transport links is a distinctive draw, and the listing mentions possible extension potential subject to planning permission, which would need to be checked independently.
The price is the main constraint. At £340,000, the asking price is already above the local £/sqf average; adding the £30,000–£48,000 refurbishment range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of what the property might be worth after works, so the numbers call for careful appraisal rather than assuming the project will create a margin.
Key opportunities
- Modernise the dated kitchen and refresh the older wall finishes and flooring to give the interior a more contemporary feel.
- Make use of the four-bedroom layout, visible loft room and enclosed garden for a family-focused improvement project.
- Explore the listing’s stated extension potential, subject to planning permission and feasibility checks.
Key risks
- At the asking price, adding the £30,000–£48,000 works budget puts purchase and refurbishment costs above the local average-value benchmark for this floor area; this is not a post-works valuation.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,284
Based on a loan of £255,000 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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