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Tessall Lane, Birmingham, B31 2SE

West Midlands

£160,000
Listed on 03/04/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
731 sqft

Description

This charming two-bedroom semi-detached bungalow presents an excellent opportunity for renovation enthusiasts and astute investors. With the absence of a chain, this property is ideally situated near Longbridge Retail Park and provides convenient access to local train stations and major motorway routes. The bungalow requires complete refurbishment, allowing for the new owner to tailor it to their vision. The layout includes a living room, dining room, kitchen, two bedrooms, and a bathroom, all of which can be reimagined or upgraded to enhance functionality and style. Additionally, the garden offers potential for outdoor enhancements. With an Energy Performance Rating of D, there is also scope for improving energy efficiency. This property holds significant promise for those looking to create a personalized home or investment property in the West Midlands.

Investment Analysis

(B31 area)

Below Market Value

This property is priced -22.7% below area average per sq ft

-22.7%
Potential saving
This Property
£219/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £55,000
Target Value
£227,802
10% above area average per sq ft
Potential ROI
+6.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +2.0%
5 year growth: +21.9%
Investment Disclaimer: Analysis based on B31 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

Tessall Lane, Birmingham, B31 2SE
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 over 30 years at 3.91% 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.

Price History

-23.8% since listed
£160,000£50,000(-23.8%)
03/04/2026
Current price
£210,000Initial listing
12/12/2025

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