# 3 bedroom terraced house for rent (B8 1PE)

## Property Details

| Key | Value |
|-----|-------|
| Address | 176 WRIGHT ROAD, BIRMINGHAM, WEST MIDLANDS B8 1PE |
| Price | £1,000 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 74 m² |
| Last sold | £150,000 Jan 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 07/06/2034
- **Current heating cost:** £1,410/year
- **Est. upgrade cost to C:** £19,725

### Recommendations
- A (£100 - £350)
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7634-0826-3300-0238-8202)

## Description

Midland Housing Ltd are delighted to present this three bedroom house on Wright Rd, Alum Rock. The property consists of three bedrooms, two reception room, ground floor bathroom  and a fitted kitchen. The property benefits from gas central heating and full double glazing. This three bedroom house has a vast amount of space making it ideal for a family. It benefits from many local amenities. The property has recently been renovated and ideal for a family to move in. The location is ideal with excellent primary and secondary schools walking distance away. It also has excellent transport links to the city centre via A4040 and B4114 which has many bus routes; as well as a canal route very close to the house. To arrange a viewing or for any other queries please do not hesitate to contact our office on  .     

Midland Housing is a member of the Client Money Protection Scheme (003930) and also a member of the redress scheme, The Property Ombudsman (07138)   

PLEASE NOTE: YOU CAN NOW CHAT ONLINE VIA OUR OWN MIDLANDHOUSING WEBSITE   

***EPC RATING: D***

** ONLINE CHAT SERVICE AVAILABLE ON OUR WEBSITE BETWEEN 10AM TO 5PM ** 

** OUR DEDICATED CUSTOMER SERVICE TEAM CAN HELP AND GUIDE YOU **     

** CALL NOW FOR IMMEDIATE ACCOMPANIED VIEWINGS ++ NOW ALSO AVAILABLE ON THE WEEKENDS ** 

## Property Photos

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## Rental Range

*ONS Price Index of Private Rents (Birmingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £981/mo
- **Realistic:** £1,090/mo
- **Optimistic:** £1,199/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Birmingham (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £823/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Ward End, B8 | £450/mo | 3 | 1.05 miles | OpenRent |
| 3 Bed Terraced House, Minstead Road, B24 | £1,350/mo | 3 | 1.09 miles | OpenRent |

**Average rent: £900/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 1080%
- **Monthly cashflow:** £781/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3232%

*Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £14/m²

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
