4 Bed HMO, Birmingham, B29 6DA £350,000

411E279 Tiverton Road, Birmingham, B29 6DA - 4 views - 9 months ago
HMO
ROI: 2%
~86 m²
Property image

ValuationOvervalued

Sold Prices£125K - £900K
Sold Prices/m²£1.7K/m² - £5.4K/m²

 

 

Square Metres

~86 m²
Price/m²£4.1K/m²

Value Estimate

£296,100

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Room Rate

£559

Gross Rent

£2,236

Running Costs/mo

£2,055

Cashflow/mo

£181

Cashflow/yr

£2,171

ROI

2%

Gross Yield

8%

Local Sold Prices

50 sold prices from £125K to £900K, average is £392.5K. £1.7K/m² to £5.4K/m², average is £3.5K/m².

Price
Date
Distance
Address
Beds
 
£355K06/210.2 mi155, Tiverton Road, Selly Oak, Birmingham, West Midlands B29 6BS4
£192.5K01/230.22 mi62, Raddlebarn Road, Selly Oak, Birmingham, West Midlands B29 6HJ4
£178K04/230.22 mi64, Raddlebarn Road, Selly Oak, Birmingham, West Midlands B29 6HJ4
£520K09/230.28 mi19, Heroes Drive, Birmingham B29 6UQ4
£900K05/220.32 mi93, Selly Park Road, Selly Park, Birmingham, West Midlands B29 7LH4
£392.5K05/250.33 mi77, Dawlish Road, Birmingham B29 7AF4
£392.5K05/250.33 mi77, Dawlish Road, Birmingham B29 7AF4
£620K04/230.33 mi36, Serpentine Road, Selly Park, Birmingham, West Midlands B29 7HU4
£218K05/250.39 mi12, Tealby Grove, Birmingham B29 7RJ4
£218K05/250.39 mi12, Tealby Grove, Birmingham B29 7RJ4
£750K11/220.4 mi63, Selly Park Road, Selly Park, Birmingham, West Midlands B29 7PH4
£450K05/230.44 mi68, Selly Wick Road, Selly Park, Birmingham, West Midlands B29 7JB4
£760K08/220.46 mi134, Oakfield Road, Selly Park, Birmingham, West Midlands B29 7ED4
£428K02/220.49 mi39, Selly Wick Drive, Selly Park, Birmingham, West Midlands B29 7JQ4
£488K03/250.49 mi41, Selly Wick Drive, Birmingham B29 7JQ4
£310K01/230.51 mi27, Rebecca Drive, Birmingham, West Midlands B29 6TP4
£410K10/210.55 mi38, Selly Wick Drive, Selly Park, Birmingham, West Midlands B29 7JH4
£563K06/210.56 mi32, Over Mill Drive, Selly Park, Birmingham, West Midlands B29 7JL4
£252K01/230.56 mi11, Ten Acre Mews, Birmingham, West Midlands B30 2BF4
£239K01/230.56 mi23, Ten Acre Mews, Birmingham, West Midlands B30 2BF4
£676K08/230.59 mi340, Bristol Road, Edgbaston, Birmingham B5 7SN4
£676K08/230.59 mi340, Bristol Road, Edgbaston, Birmingham B5 7SN4
£210K07/250.61 mi58, Ribblesdale Road, Birmingham B30 2YP4
£125K07/210.62 mi26, Wallace Road, Selly Park, Birmingham, West Midlands B29 7ND4
£725K12/220.64 mi949, Bristol Road, Selly Oak, Birmingham, West Midlands B29 6ND4
£676K08/230.64 mi340, Bristol Road, Birmingham, West Midlands B5 7SN4
£705K11/220.64 mi322, Bristol Road, Birmingham, West Midlands B5 7SN4
£705K11/220.65 mi322, Bristol Road, Edgbaston, Birmingham B5 7SN4
£367.5K02/250.69 mi3, Oxford Street, Stirchley, Birmingham, West Midlands B30 2LE4
£220K02/250.7 mi81, Cecil Road, Selly Oak, Birmingham B29 7QQ4
£880K06/240.74 mi73, Eastern Road, Edgbaston, Birmingham B29 7JX4
£880K06/240.74 mi73, Eastern Road, Edgbaston, Birmingham B29 7JX4
£323K10/210.76 mi138, Lodge Hill Road, Birmingham, West Midlands B29 6NG4
£425K03/250.78 mi31, First Avenue, Selly Oak, Birmingham B29 7NS4
£425K03/250.78 mi31, First Avenue, Selly Oak, Birmingham B29 7NS4
£250K05/240.79 mi24, Bullace Croft, Birmingham B15 2SS4
£250K05/240.79 mi24, Bullace Croft, Birmingham B15 2SS4
£250K05/240.8 mi24, Bullace Croft, Birmingham, West Midlands B15 2SS4
£375K05/250.82 mi72, Gibbins Road, Birmingham B29 6QR4
£375K05/250.82 mi72, Gibbins Road, Birmingham B29 6QR4
£485K01/250.83 mi27, Third Avenue, Selly Park, Birmingham, West Midlands B29 7EX4
£625K02/230.86 mi26, Weoley Park Road, Selly Oak, Birmingham, West Midlands B29 6QU4
£745K07/240.87 mi200, Oak Tree Lane, Bournville, Birmingham B30 1UH4
£745K07/240.87 mi200, Oak Tree Lane, Bournville, Birmingham B30 1UH4
£283.5K06/210.88 mi7, Lepid Grove, Birmingham, West Midlands B29 6RU4
£345K03/250.88 mi3, Lepid Grove, Birmingham B29 6RU4
£345K03/250.88 mi3, Lepid Grove, Birmingham B29 6RU4
£235K05/210.89 mi39, Saunton Way, Birmingham, West Midlands B29 6QH4
£270K06/210.89 mi51, Saunton Way, Birmingham, West Midlands B29 6QH4
£375K11/240.92 mi4, Bideford Drive, Birmingham B29 6QG4

Local Area Statistics

Population in B29

42,512

Population in Birmingham

1,034,821

Town centre distance

2.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.26 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-56%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £350,000

May 23, 2025

Price changed to £360,000

May 15, 2025

Listed for £375,000

February 17, 2025

Floor Plans

Property image

Description

  • STUDENT INVESTMENT OPPORTUNITY +
  • 4 BEDROOMS +
  • POTENTIAL FOR DEVELOPMENT +
  • PRIME LOCATION +
  • CLOSE TO UNIVERSITY OF BIRMINGHAM +
  • VIEWING HIGHLY RECOMMENDED +

INVESTMENT OPPORTUNITYSTUDENT HMO**

Oakmans Estate Agents are pleased to present this fantastic four-bedroom HMO property situated within the highly sought-after student triangle. Set over three floors, this property offers an excellent investment opportunity with immense potential for further development into a larger HMO, maximizing rental yield.

The property is ideally located within close proximity to the University of Birmingham, excellent transport links, and a wide range of local amenities, making it a prime choice for student tenants.

Viewings are highly recommended to appreciate the potential this property has to offer!

We have been advised by the owner that the property is Freehold and the council tax is band B.

Please note this should be verified by your Solicitors and Oakmans Estate Agents cannot be held responsible if the information is incorrect.

Agent Details

Oakmans Estate Agents, Birmingham

0121 387 6513

Next Steps?

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