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Dollery Drive, Birmingham, West Midlands, B5 - Image 1
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Dollery Drive, Birmingham, West Midlands, B5

West Midlands

£160,000
Listed on 24/04/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terrace family home offers considerable renovation and investment potential, making it an appealing opportunity for cash buyers. The property, located conveniently between Pershore Road and Bristol Road, benefits from excellent transport links to Birmingham City Centre, as well as proximity to key local amenities including the University of Birmingham, Queen Elizabeth Hospital, Edgbaston Cricket Ground, schools, parks, and supermarkets. With a layout that includes three bedrooms, a spacious kitchen-diner, and a front-to-rear living room, the home presents a solid foundation for modernization. The upstairs features a family bathroom alongside a separate W/C. Gas central heating and double glazing enhance comfort while maintaining energy efficiency where specified. In addition to its interior space, this property boasts both front and rear gardens and access to private residents' parking within the development. While some updates are needed to bring it up to contemporary standards, this home is ideal for first-time buyers looking to enter the housing market or investors seeking a promising project in a sought-after location. The potential for capital growth in this area further enhances its appeal. Viewing is encouraged to fully appreciate the possibilities this property presents.

Investment Analysis

(B5 area)
Area Average
£357/sq ft
Avg Rent (weekly)
£254
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
2%
Properties sold annually

Local Market Trend (B5)

Area prices are rising by +38.1% over the last 12 months
3 year growth: 2.7%
5 year growth: 23.2%
Investment Disclaimer: Analysis based on B5 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

Dollery Drive, Birmingham, West Midlands, B5
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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
£586
Based on a loan of £120,000 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