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Spernall Grove, Weoley Castle, Birmingham, B29 - Image 1
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Spernall Grove, Weoley Castle, Birmingham, B29 - Image 9
Spernall Grove, Weoley Castle, Birmingham, B29 - Image 10

Spernall Grove, Weoley Castle, Birmingham, B29

West Midlands

£180,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
784 sqft

Description

This three-bedroom end terraced property is situated at the quiet end of a cul-de-sac, offering an opportunity for renovation and investment. While the home is in need of modernization, it presents significant potential for those looking to create a personalized space or capitalize on the rental market. As you enter the property, you are greeted by a small entrance hall leading to the first-floor stairs. The lounge features an understairs cupboard, providing additional storage. The kitchen is functional, with a range of units and essential amenities, including a one and a half bowl stainless steel sink, space for a cooker, and plumbing for a washing machine. The bathroom is equipped with a panelled bath featuring an electric shower and a separate W.C., which adds practicality to the layout. There are three bedrooms, each offering built-in storage in the first two rooms. The front of the property has block paving that allows for shared access and parking. The rear garden is modest yet functional, featuring steps that lead up to a grassy area alongside two sheds for extra storage. With side gate access and an outside tap, this space can be further developed into an inviting outdoor area. Although some updates are needed throughout the property, notable improvements have already been made—such as a new roof installed in 2010—providing peace of mind regarding structural integrity. This property holds great promise for investors or individuals looking to make their mark in this desirable Birmingham neighborhood.

Investment Analysis

(B29 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£230/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£335
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£262,126
10% above area average per sq ft
Potential ROI
+19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 5.6%
5 year growth: 13.9%
Investment Disclaimer: Analysis based on B29 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

Spernall Grove, Weoley Castle, Birmingham, B29
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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
£659
Based on a loan of £135,000 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