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194 Albert Road, Stechford, B33 8UE - Image 1
194 Albert Road, Stechford, B33 8UE - Image 2
194 Albert Road, Stechford, B33 8UE - Image 3
194 Albert Road, Stechford, B33 8UE - Image 4
194 Albert Road, Stechford, B33 8UE - Image 5

194 Albert Road, Stechford, B33 8UE

West Midlands

£350,000
Listed on 06/07/2023

Property Details

Bedrooms
5
Type
Terraced house

Description

This spacious five-bedroom home is located in the well-regarded Stechford area of Birmingham, presenting a remarkable opportunity for those seeking to invest or renovate. The property’s layout and size offer considerable potential for transformation, making it suitable for family living or as a potential Houses in Multiple Occupation (HMO), subject to planning permissions. The entrance introduces a welcoming hallway with laminate flooring that leads into two distinct reception rooms. The first reception features a charming bay window, inviting natural light, while the second room offers a view of the private rear garden. An inner lobby connects these spaces and provides access to storage options and the kitchen. The kitchen itself is functional, equipped with essential appliances and ample cupboard space. It includes tiled flooring, a wall-mounted boiler, and a convenient door that opens directly into the expansive rear garden. This outdoor area boasts a paved patio leading to a mature lawn, ideal for landscaping projects or further development. On the first floor, you will find three generously sized bedrooms alongside a family bathroom outfitted with standard fittings. Natural light filters through double-glazed windows in each bedroom, creating warm atmospheres throughout. The second floor offers two additional bedrooms, again benefitting from good natural light. This property stands out not only due to its size but also because of its location. Within walking distance are various local amenities including schools, parks, and public transportation links, enhancing its appeal to families and tenants alike. Prospective buyers will appreciate its investment potential in an area that is continuously improving in terms of infrastructure and desirability. Overall, this property offers an excellent foundation for those looking to make their mark through renovation or investment within this vibrant community.

Investment Analysis

(B33 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.3%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (B33)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 7.1%
5 year growth: 30.7%
Investment Disclaimer: Analysis based on B33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

194 Albert Road, Stechford, B33 8UE
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