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Ulverley Crescent, Solihull

West Midlands

£385,000
Listed on 25/03/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1119 sqft

Description

This detached property presents a significant renovation opportunity, ideal for those looking to invest in a project with considerable potential. Although it requires complete refurbishment, the absence of any upward chain streamlines the buying process. The layout currently includes two reception rooms, a kitchen, four bedrooms, a bathroom, and a separate WC, providing a solid foundation for reimagining the living space to suit modern lifestyles. Notable features include a west-facing rear garden that offers ample light and outdoor potential, alongside an integral garage and carport for convenient parking. The covered side passage connects to both front and rear gardens and includes access to a gardener's WC, adding practical utility to the property. Located in Solihull, this area is recognized as one of the UK's most desirable residential neighborhoods. Residents will enjoy easy access to local amenities such as reputable schools, parks, dining options, and shopping centers like Touchwood and Resorts World. The property benefits from excellent transport links via major road networks (M42, M6, M40, M1, and M5), facilitating quick access to key locations like Birmingham International Airport and the NEC Arena. The property’s interior retains some classic features while providing an open canvas for enhancements. Each of the four bedrooms offers varying dimensions and natural light through large windows. Opportunities exist to modernize the layout or expand upon the existing structure to meet personal or market demands fully. This investment stands out not only for its potential transformation but also its prime location within Solihull's thriving community. As housing demand continues to rise in this area, buyers can envision adding value through thoughtful renovations that enhance both aesthetic appeal and functionality.

Investment Analysis

(B92 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£344/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£397,027
10% above area average per sq ft
Potential ROI
-21.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (B92)

Area prices are stable by +0.1% over the last 12 months
3 year growth: 2.7%
5 year growth: 14.7%
Investment Disclaimer: Analysis based on B92 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Ulverley Crescent, Solihull
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,410
Based on a loan of £288,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE