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King Street Terrace, Brierfield, BB9

West Midlands

£49,950
Listed on 01/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
693 sqft

Description

Situated in the sought-after locality of Brierfield, this three-bedroom residence offers a compelling investment opportunity for those looking to undertake a comprehensive renovation. With a forecasted rental yield of approximately £625 per month, this property could serve as a valuable addition to any real estate portfolio. The layout includes two generously sized reception rooms and a kitchen on the ground floor, providing a solid foundation for modernization. The upper floor comprises a master bedroom alongside two single bedrooms, which can easily be adapted for use as home offices or playrooms. A family bathroom rounds out the living spaces. Though the interior demands updating throughout, the existing combi boiler and double-glazed uPVC windows are notable assets that will help mitigate overall refurbishment costs. Externally, there is a rear yard primarily used for access, while the front area offers potential for enhancement into an inviting outdoor space. This property is being sold as seen, presenting a blank canvas for investors to realize its full potential.

Investment Analysis

(BB9 area)

Below Market Value

This property is priced -51.6% below area average per sq ft

-51.6%
Potential saving
This Property
£72/sq ft
Area Average
£149/sq ft
Avg Rent (weekly)
£170
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£113,583
10% above area average per sq ft
Potential ROI
+26.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 11.4%
5 year growth: 31.5%
Investment Disclaimer: Analysis based on BB9 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

King Street Terrace, Brierfield, BB9
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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
£183
Based on a loan of £37,462 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