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Spring Lane, Birmingham

West Midlands

£308,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This charming three-bedroom detached home presents an excellent opportunity for those looking to invest or renovate. The property features a substantial lounge that extends into a bay window, providing an inviting space for family gatherings. A rear dining kitchen extension offers the potential for further enhancements, with ample room to reconfigure according to personal taste and needs. With two bathrooms, including one conveniently located on the ground floor, the layout caters well to modern family living. Each of the bedrooms offers a good size, with possibilities for updating aesthetics or optimizing layout. A standout feature of this property is the large garden building measuring approximately 27' x 13', which is in need of renovation but could serve various purposes—a workshop, studio, or additional storage space—depending on your vision. The lengthy rear garden itself presents further opportunities for landscaping or even extending the property (subject to necessary permissions). Situated in a desirable central B24 postcode, this home enjoys close proximity to local schools such as St Barnabas Church of England Primary School, just a short walk away, making it an ideal location for families. Commuters will appreciate the easy access to Erdington Cross City Line Railway Station and multiple bus routes within walking distance at Six Ways Island. The expansive block-paved frontage adds curb appeal and could accommodate off-street parking enhancements if desired. This property is not only a comfortable family home but also a canvas for future developments that can increase its value in a thriving neighborhood. With gas central heating and double glazing already installed, essential comforts are in place while you plan your renovations.

Investment Analysis

(B24 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£220
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B24)

Area prices are falling by +2.1% over the last 12 months
3 year growth: 10.2%
5 year growth: 28.3%
Investment Disclaimer: Analysis based on B24 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

Spring Lane, Birmingham
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,128
Based on a loan of £231,000 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