Fully Occupied Student Accommodation - Selly Hill Road, Selly Oak
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Fully Occupied Student Accommodation - Selly Hill Road, Selly Oak

By James Laurence Sales and Lettings

£ 625,000

Reviews

2 out of 5 stars

James Laurence Sales and Lettings says ..

Presenting a fantastic investment opportunity on Selly Hill Road, nestled in the heart of Selly Oak, one of Birmingham's most sought-after student areas. This impressive 8-bedroom, 8-ensuite property spans 1,636 sq. ft. and is fully occupied, offering a guaranteed income stream until June 2026.

Property Oracle says ..

This property is a fully occupied student accommodation located on Selly Hill Road in Selly Oak, Birmingham. The property benefits from being close to Selly Oak train station and several highly-rated schools, including Tiverton Academy and Selly Oak Nursery School, both rated as Outstanding by Ofsted. The University of Birmingham is also within a reasonable distance. The property itself is a terraced house with 8 bedrooms and 8 bathrooms, and a total area of 1,595.21 sqft. While the images show a functional interior, the property appears to be in average condition and may benefit from some minor cosmetic upgrades. The property includes a small, enclosed rear garden with a brick-built barbecue. The list price of £625,000 is significantly higher than the average house price in the area (£362,595) and the average price per sqft (£322). However, nearby comparable properties show prices ranging from £38,000 to £725,000, indicating a wide range in property values in the area. The high price may be justified by the property’s size, number of bedrooms and bathrooms, and its location near the university and transport links. Further investigation into comparable properties with a similar number of bedrooms and bathrooms would be needed to determine the accuracy of the listed price.

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
4
Condition
6
Location
8
Land
3
Bedrooms
8
Bathrooms
8
Sqft (est)
1,595.21

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 £
Est sale value
255,233.60 £
Decreased by 57.89 %
from 606,179.80 £
Average area rental value
1,345.00 £/mo
Decreased by 7.62 %
from 1,456.00 £/mo
Est letting value
0.00 £/mo
Decreased by 100.00 %
from 1,595.21 £/mo
Est rental Yield
6.87 %
Increased by 75.70 %
from 3.91 %
Crime Rate
16.00 %
Unchanged by 0.00 %
from 16.00 %

Agent Activity

  • James Laurence Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Tiverton AcademyAcademy Sponsor LedOutstanding0.37 KM
Selly Oak Nursery SchoolLocal Authority Nursery SchoolOutstanding0.52 KM
University Of BirminghamHigher Education Institutions0.68 KM
Raddlebarn Primary SchoolCommunity SchoolGood0.72 KM
King Edward Vi High School For GirlsOther Independent School0.97 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Newton Grove £ 000.00 KM
Florence Buildings £ 000.00 KM
Edgbaston Park Road £ 1,200,00000.00 KM
Varley Close £ 225,00000.00 KM
Chapel Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Selly Oak1105SLY0.73 KM
University (Birmingham)4504UNI1.22 KM
Bournville1112BRV1.82 KM
Kings Norton1109KNN3.22 KM
Five Ways4503FWY3.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Selly Hill Road £ 390,000BUYUnknown0.00 KM
Selly Hill Road, Birmingham, West Midlands, B29 £ 360,000BUY5 / 100.00 KM
Fully Occupied Student Accommodation - Selly Hill Road, Selly Oak £ 625,000BUY5 / 100.00 KM
Dawlish Road, Birmingham, B29 £ 415,000BUY5 / 100.14 KM
Harrow Road, Selly Oak, Birmingham B29 7DW £ 465,000BUY5 / 100.18 KM

Nearby Properties

AddressPriceDistance
57 Selly Hill Road £ 336,0000.00 KM
17 Selly Hill Road £ 195,0000.00 KM
1 Selly Hill Road £ 95,0000.00 KM
53 Selly Hill Road £ 38,0000.00 KM
73 Selly Hill Road £ 210,0000.00 KM