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5 Bed Terraced House, Single Let, Birmingham, B29 6BU, £425,000

Tiverton Road, Birmingham, B29 6BU - a year ago

BTL
~178 m²
+7 photos

ValuationUndervalued

Sold Prices£200K - £900K
Sold Prices/m²£1.8K/m² - £4.2K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.4K/m²

Value Estimate

£531,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Total Cash In

£128,950

 

 

Cash Out

 

Rent Range

£368 - £4,715

Rent Estimate

£412

Running Costs/mo

£1,431

Cashflow/mo

£-1,019

Cashflow/yr

£-12,222

Gross Yield

1%

Local Sold Prices

23 sold prices from £200K to £900K, average is £556K. £1.8K/m² to £4.2K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£400K06/210.1 mi216, Hubert Road, Selly Oak, Birmingham, West Midlands B29 6EP5
£260K07/210.15 mi278, Hubert Road, Selly Oak, Birmingham, West Midlands B29 6EP5
£200K02/210.3 mi6, Lottie Road, Selly Oak, Birmingham, West Midlands B29 6JZ5
£685K10/220.32 mi42, Serpentine Road, Selly Park, Birmingham, West Midlands B29 7HU5
£730K02/230.38 mi142, Selly Park Road, Selly Park, Birmingham, West Midlands B29 7LH5
£425K02/210.39 mi26, Bournbrook Road, Birmingham, West Midlands B29 7BJ5
£410K09/200.44 mi78, Dale Road, Birmingham, West Midlands B29 6AG5
£620K06/210.47 mi49, Selly Park Road, Selly Park, Birmingham, West Midlands B29 7PH5
£795.5K05/230.54 mi41a, Upland Road, Selly Park, Birmingham, West Midlands B29 7JS5
£710K03/220.57 mi344, Bristol Road, Birmingham, West Midlands B5 7SN5
£228K02/230.58 mi28, Rachel Gardens, Birmingham, West Midlands B29 6NY5
£725K03/210.62 mi31, Selly Wick Road, Selly Park, Birmingham, West Midlands B29 7JJ5
£900K08/220.62 mi15, Selly Wick Road, Selly Park, Birmingham, West Midlands B29 7JJ5
£725K03/210.62 mi31, Selly Wick Road, Selly Park, Birmingham, West Midlands B29 7JJ5
£280K06/210.63 mi960, Pershore Road, Selly Park, Birmingham, West Midlands B29 7PU5
£630K03/220.63 mi336, Bristol Road, Birmingham, West Midlands B5 7SN5
£685K11/200.68 mi57, Linden Road, Bournville, Birmingham, West Midlands B30 1JT5
£294K05/210.7 mi146, Lodge Hill Road, Birmingham, West Midlands B29 6NG5
£302K11/200.7 mi142, Lodge Hill Road, Birmingham, West Midlands B29 6NG5
£383.3K01/230.75 mi6, Brookvale Mews, Selly Park, Birmingham, West Midlands B29 7HP5
£246.5K03/210.86 mi9, Bideford Drive, Selly Oak, Birmingham, West Midlands B29 6QG5
£570K08/230.86 mi51, Weoley Park Road, Selly Oak, Birmingham, West Midlands B29 6QZ5
£556K10/210.94 mi267, Moor Green Lane, Birmingham, West Midlands B13 8QR5

Local Rents

50 rents from £368/mo to £4.7K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,29012/240 miTiverton Road - 3 bath student property6
£49012/240 miTiverton Road, Selly Oak5
£58512/240 miTiverton Road, Selly Oak7
£2,99012/240.01 miTiverton Road, Birmingham, B296
£2,34012/240.01 miTiverton Road, Birmingham5
£3,25012/240.02 miTiverton Road - ensuite student property6
£4,71512/240.02 miTiverton Road - ensuite student property8
£3,66612/240.02 miTiverton Road, Selly Oak - student property9
£42012/240.02 mi**£97 P.P.P.W ** Prime location for students**Birmingham, B298
£55012/240.02 mi**£127 P.P.P.W** Bills included **spacious ensuit bedrooms** Birmingham, B297
£49812/240.02 mi**£115 P.P.P.W ** *All Double bedrooms** Close to uni and to train station** 4
£53312/240.02 mi**£122.50 P.P.P.W** ***Prime location for students ** Birmingham, B296
£42512/240.02 miTiverton Road, Selly Oak8
£49812/240.02 miTiverton Road, Birmingham, B29 6DB7
£39012/240.02 miTiverton Road, Selly Oak8
£47712/240.02 mi149 Hubert Road, Selly Oak, Birmingham, B29 6ET7
£2,98812/240.02 miHubert Road, Birmingham6
£55512/240.02 mi221 Tiverton Road, Selly Oak, B29 6DB5
£43312/240.02 mi135 Hubert Road, Selly Oak, Birmingham, B29 6ET6
£2,65212/240.03 mi231 Tiverton Road B29 6BW6
£2,35012/240.03 miHubert Road, B296
£43312/240.03 mi**£100 P.P.P.W **Ensuit Student accommodation** Birmingham, B298
£43312/240.03 mi**£100 P.P.P.W**DOUBLE En-suit Student accommodation** Birmingham, B298
£53712/240.03 mist stephens road selly oak , Birmingham, B293
£46812/240.03 miHubert Road, Selly Oak6
£2,65012/240.03 miTiverton Rd, Selly Oak. 8mins walk to University of Birmingham6
£3,48612/240.03 mi7 Bedroom 6 Bathroom in Tiverton Rd Available for Grp of 66
£3,48612/240.03 mi£114.95 PPPW for Group of 7 People. Tiverton Rd, B29 6DB. 5-10mins walk to University of Birmingham7
£3,48612/240.03 mi£114.95 PPPW for Group of 7 People. Tiverton Rd, B29 6DB. 5-10mins walk to University of Birmingham7
£3,43212/240.03 miTiverton Road, Birmingham6
£3,48612/240.03 mi£134.11 PPPW for Group of 6 people. 7 Bedroom 6 Bathroom in Tiverton Rd Available for Grp of 66
£3,32412/240.03 miTiverton Road, Birmingham6
£3,82212/240.03 miTiverton Road, Birmingham7
£3,79212/240.03 mi149 Hubert Road, Selly Oak, Birmingham7
£3,48612/240.03 mi£114.95 PPPW for Group of 7 People. Tiverton Rd, B29 6DB. 5-10mins walk to University of Birmingham7
£2,10012/240.04 miHubert Road, Birmingham5
£56312/240.04 mi232 Tiverton Road, Selly Oak, B29 6BU6
£2,73012/240.04 miTiverton Road, Birmingham6
£3,12012/240.04 mi207 Tiverton Road, Selly Oak, Birmingham8
£58512/240.04 mi259 Tiverton Road, Selly Oak, B29 6DB6
£36812/240.04 mi136 Hubert Road, Selly Oak, B29 6ER3
£42012/240.05 mi Hubert Road, Birmingham, B297
£55012/240.05 mi**£127 P.P.P.W Bills included** Ensuit Double bedrooms**Dawlish Road, Birmingham, B297
£46412/240.05 mi**£107 P.P.P.W *Ensuit double bedrooms** Birmingham, B296
£41212/240.05 mi**£95 P.P.PW * Double bedrooms** Birmingham, B297
£3,51912/240.05 mi150 Hubert Road, Selly Oak, Birmingham7
£45512/240.05 mi**£105 P.P.P.W** All Double bedrooms** Close to uni and to train station** 5
£45512/240.05 mi**£105 P.P.P.W** All Double bedrooms** Close to uni and to train station** 5
£1,71612/240.05 miTiverton Road, Birmingham4
£2,78612/240.05 miHubert Road, Birmingham7

Links

Local Area Statistics

Population in B29

42,512

Population in Birmingham

1,034,821

Town centre distance

2.70 miles away

Nearest school

0.20 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

-16%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £425,000

February 28, 2024

Description

  • Brilliant Investment Property +
  • 5 Double Bedrooms +
  • Large Property split across 3 Floors +
  • Excellent Location for University of Birmingham +
  • Development Potential +

Fantastic Investment Property Ideally situated for the University of Birmingham, Queen Elizabeth Hospital and Selly Oak Retail Parks.

Large 5 double bedroom student property with 2 bathrooms and 4 toilets which is split across 3 floors. Front and rear gardens.

Development opportunity to extend as the property next door is identical and has been extended to an 8 bedroom 8 ensuite property.

Agent Details

King & Co, Birmingham

0121 661 3307

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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