Milner Road, Selly Oak, B29 7RQ
EA

Milner Road, Selly Oak, B29 7RQ

By Easy Lettings (Birmingham) Ltd

£ 375,000

Reviews

2 out of 5 stars

Easy Lettings (Birmingham) Ltd says ..

***Discover Student Living HMO Perfection at Milner Road, Selly Oak*** Welcome to the heart of student life in Birmingham! Presented by the Trusted Experts at Easy Letting Birmingham, Milner Road offers a prime investment opportunity that marries style, convenience, and exceptional student liv...

Property Oracle says ..

This six-bedroom property located on Milner Road in Selly Oak, Birmingham is marketed as an ideal investment opportunity for student housing. The property boasts three bathrooms, a modern kitchen and what appears to be adequate living space distributed across the six bedrooms. The location in Selly Oak is a definite plus, given the high demand for student accommodation near the University of Birmingham and Selly Oak train station. The close proximity to good schools could also appeal to families, though the prevalent student population might not appeal to all family buyers. The images reveal a functional, modern kitchen and bathrooms, while the bedrooms seem adequately furnished but show some signs of wear and tear that may warrant some attention. The absence of information on square footage, plot size, and the overall condition of the property makes a comprehensive evaluation challenging. The £375,000 list price appears slightly higher than average based on comparable properties, especially considering the limited visual evidence suggesting a small outdoor space, if any. This price would likely need to be supported by the strong student rental market. Overall, it presents a viable investment, particularly for those targeting the student rental market in Selly Oak. However, prospective buyers should conduct thorough due diligence, including a professional property survey, to fully ascertain the property’s condition and value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
6
Bathrooms
3

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
234,983.00 £
Decreased by 47.41 %
from 446,796.00 £
Average area rental value
1,345.00 £/mo
Decreased by 7.62 %
from 1,456.00 £/mo
Est rental Yield
6.87 %
Increased by 75.70 %
from 3.91 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Easy Lettings (Birmingham) Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Selly Park Girls' SchoolCommunity SchoolOutstanding0.10 KM
St Edward'S Catholic Primary SchoolVoluntary Aided SchoolGood0.36 KM
Raddlebarn Primary SchoolCommunity SchoolGood0.96 KM
Moor Green Primary AcademyAcademy Sponsor LedOutstanding1.10 KM
Stirchley Primary SchoolAcademy ConverterGood1.17 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Church Drive £ 135,00000.00 KM
Acorn Gardens £ 000.00 KM
Hazelwell Lane £ 392,00000.00 KM
Pit Leasow Close £ 000.00 KM
Rea Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Bournville1112BRV1.28 KM
Selly Oak1105SLY1.98 KM
University (Birmingham)4504UNI2.60 KM
Kings Norton1109KNN2.81 KM
Five Ways4503FWY3.98 KM

Nearby Listings

AddressPriceTypeScoreDistance
Milner Road, Selly Oak, B29 7RQ £ 375,000BUY5 / 100.00 KM
Milner Road, Birmingham, West Midlands, B29 £ 235,000BUY6 / 100.04 KM
St. Stephens Road, Selly Park, Birmingham £ 179,950BUY6 / 100.05 KM
Milner Road, Birmingham, B29 £ 239,950BUY6 / 100.13 KM
Milner Road, Birmingham, West Midlands, B29 £ 220,000BUY6 / 100.13 KM

Nearby Properties

AddressPriceDistance
34 St Stephens Road £ 152,5000.07 KM
46 St Stephens Road £ 185,0000.07 KM
22 St Stephens Road £ 70,5000.07 KM
26 St Stephens Road £ 125,0000.07 KM
50 St Stephens Road £ 140,0000.07 KM