ValuationOvervalued

Sold Prices	£160K - £1.9M
Sold Prices/m²	£2.1K/m² - £7.2K/m²

Square Metres	142.68 m²
Price/m²	£3.3K/m²
Value Estimate	£460,454£460,454

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£118,750£118,750
Stamp Duty & Legal Fees	£26,700£26,700
Total Cash In	£145,450£145,450

Cash Out
Room Rate	£485£485
Gross Rent	£2,910£2,910
Running Costs/mo	£2,803£2,803
Cashflow/mo	£107£107
Cashflow/yr	£1,284£1,284
ROI	1%1%
Gross Yield	7%7%

Local Sold Prices

46 sold prices from £160K to £1.9M, average is £820K. £2.1K/m² to £7.2K/m², average is £3.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£177K	06/21	0.15 mi	29, Gleave Road, Selly Oak, Birmingham, West Midlands B29 6JW	-	-	6	Terraced House
£395K	02/23	0.33 mi	68, Heeley Road, Selly Oak, Birmingham, West Midlands B29 6EZ	£4,341	91	6	Semi-Detached House
£332.5K	06/21	0.47 mi	143, Tiverton Road, Selly Oak, Birmingham, West Midlands B29 6BS	£4,683	71	6	Terraced House
£160K	05/23	0.57 mi	50, Dawlish Road, Selly Oak, Birmingham, West Midlands B29 7AE	£2,281	70	6	Terraced House
£420K	02/25	0.65 mi	13, Rookery Road, Selly Oak, Birmingham B29 7DG	£3,471	121	6	Terraced House
£995K	04/23	0.87 mi	118, Bournville Lane, Birmingham, West Midlands B30 1LT	-	-	6	Detached House
£1.2M	12/22	0.88 mi	44, Kensington Road, Selly Park, Birmingham, West Midlands B29 7LW	£4,701	251	6	Detached House
£825K	01/23	1.12 mi	2, Eastern Road, Selly Park, Birmingham, West Midlands B29 7JP	-	-	6	Semi-Detached House
£1.2M	11/23	1.15 mi	59, Eastern Road, Selly Oak, Birmingham B29 7JX	£3,367	349	6	Detached House
£1.2M	11/23	1.15 mi	59, Eastern Road, Selly Oak, Birmingham B29 7JX	-	-	6	Detached House
£295K	03/23	1.29 mi	152, Gregory Avenue, Birmingham, West Midlands B29 5DT	-	-	6	Detached House
£390K	02/25	1.4 mi	15, Corvedale Road, Birmingham, West Midlands B29 4LG	£3,786	103	6	Semi-Detached House
£1.9M	08/22	1.45 mi	112, Vivian Road, Harborne, Birmingham, West Midlands B17 0DJ	£7,198	257	6	Detached House
£965K	03/24	1.5 mi	225, Northfield Road, Bournville, Birmingham B30 1EB	£4,386	220	6	Detached House
£965K	03/24	1.5 mi	225, Northfield Road, Bournville, Birmingham B30 1EB	-	-	6	Detached House
£1.0M	10/24	1.51 mi	14, Victoria Road, Harborne, Birmingham B17 0AH	-	-	6	Detached House
£1.0M	10/24	1.51 mi	14, Victoria Road, Harborne, Birmingham B17 0AH	£3,155	317	6	Detached House
£780K	01/22	1.56 mi	168, Middleton Hall Road, Birmingham, West Midlands B30 1DP	-	-	6	Detached House
£350K	11/21	1.57 mi	66, Middleton Hall Road, Birmingham, West Midlands B30 1BY	£2,121	165	6	Semi-Detached House
£760K	11/22	1.57 mi	184, Middleton Hall Road, Birmingham, West Midlands B30 1DP	£2,630	289	6	Detached House
£860K	12/22	1.6 mi	341, Pershore Road, Edgbaston, Birmingham B5 7RY	£3,839	224	6	Detached House
£860K	12/22	1.6 mi	341, Pershore Road, Edgbaston, Birmingham B5 7RY	-	-	6	Detached House
£695K	02/23	1.61 mi	321, Pershore Road, Birmingham, West Midlands B5 7RY	-	-	6	Detached House
£860K	12/22	1.61 mi	341, Pershore Road, Birmingham, West Midlands B5 7RY	-	-	6	Detached House
£695K	02/23	1.67 mi	321, Pershore Road, Edgbaston, Birmingham B5 7RY	-	-	6	Detached House
£695K	02/23	1.67 mi	321, Pershore Road, Edgbaston, Birmingham B5 7RY	£3,564	195	6	Detached House
£655K	07/24	1.76 mi	53, Tennal Road, Harborne, Birmingham B32 2JD	£3,853	170	6	Detached House
£655K	07/24	1.76 mi	53, Tennal Road, Harborne, Birmingham B32 2JD	-	-	6	Detached House
£820K	03/25	1.79 mi	79, Reddings Road, Birmingham B13 8LP	£3,744	219	6	Detached House
£820K	03/25	1.79 mi	79, Reddings Road, Birmingham B13 8LP	-	-	6	Detached House
£950K	01/23	1.83 mi	217a, Bristol Road, Edgbaston, Birmingham B5 7UB	-	-	6	Semi-Detached House
£410K	12/21	1.84 mi	82, Bryndale Avenue, Birmingham, West Midlands B14 6NQ	£4,953	83	6	Semi-Detached House
£1.2M	07/22	1.86 mi	128, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JQ	-	-	6	Semi-Detached House
£1.0M	10/22	1.86 mi	7, Woodville Road, Harborne, Birmingham, West Midlands B17 9AS	-	-	6	Detached House
£1.9M	06/22	1.89 mi	67, Westfield Road, Edgbaston, Birmingham, West Midlands B15 3JF	£5,755	339	6	Detached House
£950K	01/23	1.91 mi	217a, Bristol Road, Birmingham, West Midlands B5 7UB	£3,558	267	6	Semi-Detached House
£750K	10/21	1.93 mi	83, Westhill Road, Birmingham, West Midlands B38 8TG	£2,399	313	6	Detached House
£660K	09/23	1.93 mi	85, Westhill Road, Birmingham, West Midlands B38 8TG	£3,300	200	6	Detached House
£888K	01/25	1.95 mi	58, Moorcroft Road, Birmingham B13 8LU	£4,209	211	6	Detached House
£888K	01/25	1.95 mi	58, Moorcroft Road, Birmingham B13 8LU	-	-	6	Detached House
£700K	06/25	1.95 mi	67, Russell Road, Moseley And Kings Heath, Birmingham B13 8RB	-	-	6	Semi-Detached House
£700K	06/25	1.95 mi	67, Russell Road, Moseley And Kings Heath, Birmingham B13 8RB	£2,846	246	6	Semi-Detached House
£760K	08/22	1.96 mi	30, All Saints Road, Kings Heath, Birmingham, West Midlands B14 7LL	-	-	6	Detached House
£785K	12/22	1.97 mi	104, Lordswood Road, Birmingham, West Midlands B17 9BU	-	-	6	Semi-Detached House
£1.1M	05/25	1.99 mi	28, Greening Drive, Birmingham B15 2XA	£3,667	300	6	Detached House
£1.1M	05/25	1.99 mi	28, Greening Drive, Birmingham B15 2XA	-	-	6	Detached House

Local Area Statistics

Population in B29	42,51242,512
Population in Birmingham	1,034,8211,034,821
Town centre distance	3.13 miles away3.13 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.31 miles away0.31 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-56%-56%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+30%+30%

Property History

Listed for £475,000

November 15, 2024

Sold for £160,000

2010

Floor Plans

Description

* HMO INVESTMENT OPPORTUNITY *

Set over three floors, this six double bedroom, four bathroom property located in Selly Oak within walking distance of the University of Birmingham and the Queen Elizabeth Hospital which is currently rented out for this academic year with a HMO licence.

Public transport links are in abundance with many bus routes available on Oak Tree Lane and Bristol Road (A38) in to the City Centre and beyond, Selly Oak Train Station is within less than half a mile’s walk. Selly Oak is also home to two retail parks providing shops, restaurants and supermarket.