# 3 bedroom terraced house for rent (B37 7RS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 83 CHELMSLEY ROAD, BIRMINGHAM, WEST MIDLANDS B37 7RS |
| Price | £1,000 pcm |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 74 m² |
| Last sold | £220,000 Jun 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 24/05/2032
- **Current heating cost:** £546/year
- **Est. upgrade cost to C:** £17,100

### Recommendations
- W2 (£4,000 - £6,000)
- I (£2,200 - £3,000)
- 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/0300-2975-2150-2622-0625)

## Description

This three bedroom semi detached family home is located in Chelmsley Wood, within easy reach of local schools and amenities. The property comprises of entrance porch,large  living area, modern fitted kitchen/diner to include oven and hob, leading to the low maintenance rear garden. To the first floor there are three good size bedrooms and bathroom with modern suite, wc, sink and shower over bath. Other benefits include double glazing and gas central heating. This property is offered on an unfurnished basis and is available to move now.

To arrange a viewing please contact a member of the team on   Council Tax Band:  Holding Deposit: £230.00

## Rental Range

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

- **Low:** £1,133/mo
- **Realistic:** £1,259/mo
- **Optimistic:** £1,385/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, Chilham Drive, B37 | £1,200/mo | 3 | 0.16 miles | OpenRent |
| 3 Bed Semi-Detached House, Chimes Close, B33 | £1,400/mo | 3 | 1.21 miles | OpenRent |

**Average rent: £1,300/mo (2 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 1560%
- **Monthly cashflow:** £1,141/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4721.6%

*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)