Selly Oak Area Guide
Selly Oak is an industrial and residential area in Birmingham, which is four miles from Birmingham City Centre. Selly Oak was historically known as a working family area, with the Birmingham Battery and Metal Company and the Westley Richards Gun Factory. In recent years Selly Oak has transformed from a predominantly family area to busy cosmopolitan student area, bringing in high rental yields and a growing economy.
With all the new and emerging properties and shopping centres in the area, it truly is one of the most investable places in Birmingham right now.
Selly Oak Property Market
Sold property prices in Selly Oak over the last year were up 6% on the previous year and up 2% on the 2018 peak. The majority of sales in Selly Oak during the last year were terraced properties, selling for an average price of £205,833. Semi-detached properties sold for an average of £259,920, with detached properties fetching £438,207. According to the latest Zoopla report, property values in Selly Oak have gone up by 4.88% in the last 12 months. For more info please contact our estate agents in Selly Oak.
Why Selly Oak is a great investment
Selly Oak has an average rental yield of 5% with 38.51% growth in the last 10 years. This area has been listed many times and is well known for being one of Birmingham’s top buy to let property hotspots, which isn’t surprising! Selly Oak is significantly cheaper than its neighbour, Edgbaston and also offers higher rental yields. Check the street and neighbours carefully as some streets are student hubs while others are family areas, bringing the area the best of both worlds. The area has recently received amazing rejuvenation and a brand new shopping area, creating 2,400 jobs.
Schools in this area
1. Selly Oak Trust School – Selly Oak Trust School is a co-educational special school for pupil aged, 11 – 19. This school was one of the first schools in the country and the very first special school. Selly Oak Trust is Ofsted rated good.
2. Tiverton Academy – Tiverton Academy is a co-educational school with academy statues aged, 3 – 11. This school is Ofsted rated outstanding.
3. Raddlebarn Primary & Nursery School – Raddlebarn Primary & Nursery School is a school and nursery for pupils aged 3 – 11. This school is Ofsted rated good.
Train – Selly Oak Train Station is connected to Birmingham’s mainline, giving you frequent access to New Street Station in no time at all.
Bus – Many bus services run through the area, giving residents hugely convenient access to the city centre. Major routes include the 63 from Birmingham to Frankley which stops at Selly Oak Station and several stops along Bristol Road. Depending on the day, this bus arrives in Selly Oak at a frequency of between 7 and 20 minutes.
Car – The A38 links Selly Oak to Central Birmingham and gives easy access to the M6.
What to do in Selly Oak
The University’s proximity gives residents great opportunities to take scenic walks through campus. Talking of walks, Selly Oak Park is the perfect place to stroll through wonderful scenery, relax with friends, or turn your phone off and immerse yourself in a good book. Selly Oak offers more than just parks.
The area also has an abundance of restaurants, shops and beauty parlours, which line the road, Bristol Road, which goes through the middle of the area.
There is also a local shopping centre, which has stores such as Next, M&S and JD Sports. There is also dining options that include the popular Nando’s.