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Rodney Close, Birmingham, West Midlands, B16

West Midlands

£230,000
Listed on 11/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1163 sqft

Description

This four-bedroom mid-terraced house presents a unique opportunity for those looking to invest or renovate in an attractive location. Situated on Rodney Close, the property is conveniently positioned within walking distance of Five Ways Train Station, Broad Street, and the vibrant Birmingham City Centre, making it ideal for commuters and urban dwellers alike. The ground floor features a welcoming entrance hall that leads to practical spaces, including a utility/storage room with a WC, a spacious lounge, and a separate dining room. The fitted breakfast kitchen offers potential for updates or reconfiguration to better suit modern living needs. Upstairs, you'll find four generously sized bedrooms along with a family bathroom, providing ample space for families or rental opportunities. Outside, the property boasts both a private rear garden and a front garden area, offering possibilities for landscaping or personal touches. Additionally, this home benefits from no upward chain, facilitating a smoother purchasing process. The inherent renovation potential allows buyers to customize the space to their liking or enhance its value through strategic updates. With on-street parking available and essential amenities nearby, this property not only offers comfortable living but also significant investment prospects in an area poised for growth. Overall, whether you are looking to make it your own or seeking an investment opportunity in Birmingham’s dynamic market, this property has the foundations for both success and comfort.

Investment Analysis

(B16 area)

Below Market Value

This property is priced -21.9% below area average per sq ft

-21.9%
Potential saving
This Property
£198/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£324,111
10% above area average per sq ft
Potential ROI
+27.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (B16)

Area prices are falling by +4.1% over the last 12 months
3 year growth: 9.8%
5 year growth: 1.8%
Investment Disclaimer: Analysis based on B16 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

Rodney Close, Birmingham, West Midlands, B16
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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
£843
Based on a loan of £172,500 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