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Rear of 81-85 New Road, Rubery, Birmingham, B45 9JR, Rubery, Birmingham, B45 9HY - Image 1
Rear of 81-85 New Road, Rubery, Birmingham, B45 9JR, Rubery, Birmingham, B45 9HY - Image 2
Rear of 81-85 New Road, Rubery, Birmingham, B45 9JR, Rubery, Birmingham, B45 9HY - Image 3

Rear of 81-85 New Road, Rubery, Birmingham, B45 9JR, Rubery, Birmingham, B45 9HY

West Midlands

£225,000
Listed on 10/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features a spacious square yard with approved planning permission for the construction of six one-bedroom flats, presenting a notable investment opportunity. Additionally, there is potential to seek further planning for two-bedroom loft units in the future, which could enhance the site's value. The rear of the property is securely fenced and situated adjacent to the busy A38, with access granted via Library Way. Positioning behind 81-85 New Road in Rubery places it just 10 miles south-west of Birmingham city center. This location is not only valuable due to its proximity to a significant commuter route but also benefits from nearby essential amenities and robust travel connections to both Worcester town and Birmingham city centre.

Investment Analysis

(B45 area)
Area Average
£296/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
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
40%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by +5.4% over the last 12 months
3 year growth: 3.5%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on B45 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

Rear of 81-85 New Road, Rubery, Birmingham, B45 9JR, Rubery, Birmingham, B45 9HY
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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
£824
Based on a loan of £168,750 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