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Tiverton Road, Birmingham, West Midlands B29

West Midlands

£315,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
555 sqft

Description

This property presents a significant opportunity for renovation and investment within the vibrant community of Selly Oak. Situated in a prime location close to the University of Birmingham, this rarely available house offers excellent potential for conversion into a student HMO, catering to the high demand in this student-populated area. With three bedrooms, the existing layout can be optimized to maximize rental income. The local market is increasingly competitive, making this an attractive prospect for those looking to capitalise on the growing need for student accommodation. Given its current undeveloped state, strategic renovations can unlock substantial returns on investment.

Investment Analysis

(B29 area)

Above Market Value

This property is priced +83.0% above area average per sq ft

+83.0%
This Property
£568/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£256
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£189,377
10% above area average per sq ft
Potential ROI
-49.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (B29)

Area prices are falling by -4.5% over the last 12 months
3 year growth: -0.9%
5 year growth: +12.7%
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, Birmingham, West Midlands B29
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,124
Based on a loan of £236,250 over 30 years at 3.97% 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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