Average asking price
£220k
UK avg £340k
Postcode district in Birmingham, part of the B postcode area
Near a university · 3.2km from Birmingham City University
B23 has a gross rental yield of 5.5%, 21% above the UK average, ranking #18 of 67 B postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £70k | £1,146 | — | 1 / 2 |
| 1 | £100k | £625 | 7.5% | 21 / 19 |
| 2 | £160k | £1,025 | 7.7% | 82 / 20 |
| 3 | £240k | £1,200 | 6.0% | 109 / 16 |
| 4 | £345k | — | — | 19 / 0 |
| 5+ | £350k | £525 | — | 9 / 1 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| B3 | £175k | £1,200 | 8.2% | Compare |
| B18 | £185k | £1,150 | 7.5% | Compare |
| B1 | £185k | £1,100 | 7.1% | Compare |
| B12 | £178k | £1,050 | 7.1% | Compare |
| B5 | £192k | £1,066 | 6.6% | Compare |
| B44 | £220k | £1,212 | 6.6% | Compare |
| B15 | £225k | £1,200 | 6.4% | Compare |
| B2 | £180k | £950 | 6.3% | Compare |