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4 bed terraced house for sale

£225,000

Winnie Road, Selly Oak, Birmingham B29

4 2 1
Interested in this property? Call 0121 659 6562 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Sleeps 4
  • Selly Oak Location
  • Near To University
  • Currently Rented
  • Already tenanted for 2016/17 (full years rental income)
  • Rental Income of £17,680 pa
  • Fully Modern Internally
  • Quality Furnishings
  • Two Shower Rooms
  • No Upward Chain

Property description

***fantastic opportunity to purchase A buy to let within selly oak. With rental income from 4 students tenanted until July 2017 gaining A rental income of £17,680 pa providing A great investment yield of 8%***

Ashley Borne Sales and Lettings are delighted to present to the market this fantastic opportunity of a buy to let within Selly Oak.

Situated nearby the University that also provides excellent access to the qe Hospital, walking distant Train Station, Bristol Road only a stones throw away and all local amenities within walking distance.

Why does this property achieve such a high rental yield? As a four bedroom student accommodation it is a rare occasion to be provided with two separate shower rooms, one to the ground floor and one on the first floor, thus is always a pleasure to market for rental as it does not wait around for long before it is snatched up by the next lucky group wanting to reside within such a delightful property.

The property had recently undergone a full refurbish project that took all the walls back to brick, re-designed room layouts, electric works and decorated and finished to a very well standard to mention only part. The furnishing within the property are also of quality that entices groups to want to live here.

The accommodation in brief comprises of; Entrance Hallway, Front Bedroom, Lounge, Fitted Kitchen, Ground Floor Shower Room, First Floor Three Bedrooms and Further Shower Room. The property benefits from double glazing and central heating (both where specified).

To arrange an internal inspection or for further details please contact Ashley Borne Sales and Lettings in Selly Oak. Alternatively please feel free to browse and register your interest via our web page;

Hallway
Understairs storage, Alarm Panel and doors to;

Front Reception / Bedroom One - 13' 1'' x 7' 7'' (3.98m x 2.30m)
Having a double glazed bay window and radiator.

Lounge - 10' 11'' x 10' 9'' (3.32m x 3.27m)
Having a double glazed window, radiator, stairway leading to the first floor and walk way into;

Kitchen - 9' 5'' x 7' 9'' (2.86m x 2.37m)
Fitted with a range of wall and base units with work surface over, inset sink unit, zanussi 4 ring hob with oven beneath, radiator wall mounted boiler, double glazed window, door to rear garden and door to;

Ground Floor Shower Room - 6' 9'' x 5' 9'' (2.05m x 1.75m)
Fitted with a shower cubicle, low flush wc, hand wash basin, heated towel rail double glazed window and tiling to splash prone areas.

Bedroom Two - 10' 10'' x 7' 4'' (3.30m x 2.24m)
Having a double glazed window and radiator.

Bedroom Three - 10' 10'' x 8' 0'' (3.29m x 2.43m)
Having a double glazed window and radiator.

Bedroom Four - 15' 1'' x 5' 11'' (4.60m x 1.81m)
Having a double glazed window and radiator.

First Floor Shower Room - 7' 7'' x 3' 3'' (2.31m x 1.00m)
Fitted with a shower cubicle, low flush wc, hand wash basin, heated towel rail and partially tiled walls.


Property info

Market activity
Average price paid £207,385 Sales 403 Current average value £194,969 (Zoopla Zed-Index) Value change £4,999 ▲ 2.63%

Property value data/graphs for B29

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £407,423 £241 4.0 £411,806
Semi-detached £190,806 £206 3.1 £192,827
Terraced £177,109 £190 3.1 £182,060
Flats £123,601 £197 1.7 £128,803

Current asking prices in B29

Average: £228,300
Avg. current asking prices in B29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £86,973
(11)
£170,962
(8)
£233,653
(45)
£346,349
(11)
£384,165
(6)
Flats £80,980
(15)
£107,483
(6)
- £250,000
(1)
-
All £83,515
(26)
£143,757
(14)
£233,653
(45)
£338,320
(12)
£384,165
(6)

Current asking rents in B29

Average: £1,398 pcm
Avg. current asking prices in B29
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £485 pcm
(65)
£658 pcm
(24)
£902 pcm
(75)
£927 pcm
(144)
£1,460 pcm
(139)
Flats £596 pcm
(87)
£723 pcm
(17)
£880 pcm
(6)
£458 pcm
(5)
£1,690 pcm
(3)
All £549 pcm
(152)
£685 pcm
(41)
£900 pcm
(81)
£911 pcm
(149)
£1,465 pcm
(142)

Fun facts for B29

Highest value in B29
Highest value streets Zed-Index
Eastern Road £633,147
Selly Wick Road £612,389
Upland Road £606,226
Oakfield Road £545,325
Selly Park Road £517,098
Highest turnover in B29
Highest turnover streets Turnover
Park Mews 55.6%
Willow Mews 46.7%
Hemyock Road 40.0%
Southbourne Close 40.0%
Riverside Drive 38.9%

What Zoopla users think of Selly Oak

Overall rating:

  • currently 3.5 stars
Good - 69% (70 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Selly Oak (0.2 miles)
  • University (Birmingham) (0.8 miles)
  • Bournville (1.0 mile)
  • Birmingham International Airport (8.1 miles)
  • Coventry Airport (19.9 miles)
  • East Midlands Airport (37.3 miles)
  • Sharpness Old Docks (54.5 miles)
  • Lydney Harbour (55.9 miles)
  • Bristol Docks Ferry Landing (72.4 miles)

Nearby schools

View all schools in Birmingham
  • Cherry Oak School (0.2 miles)
  • Tiverton Junior and Infant School (0.4 miles)
  • Tiverton Academy (0.4 miles)
  • Fircroft College of Adult Education (0.5 miles)
  • Queen Alexandra College (1.9 miles)
  • Reach School (1.9 miles)
  • Selly Oak Trust School (0.3 miles)
  • Selly Oak Nursery School (0.4 miles)
  • The University of Birmingham School (0.5 miles)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B29

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For more information about this property, please contact
Ashley Borne, B29 on 0121 659 6562 * (local rate)

Monthly running costs Beta

£1,004 Monthly total
Mortgage
Purchase price
Deposit (10%) 22,500
Repayment term 25
Interest rate 0.5
Your payment £718 /mo Find available rates

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £14/mo (£166/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £49 Electricity £48 Estimated energy cost £97/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 16000 kWh/year
Electricity: 4500 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Birmingham

Estimated tax band D Council tax cost £132 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £17 Sewerage £26 Estimated water cost £43 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ashley Borne, and do not constitute property particulars. Please contact Ashley Borne for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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