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Ferndale Road, Streetly

West Midlands

£450,000
Listed on 30/09/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This traditional detached family home is situated on a spacious corner lot, providing significant potential for renovation and expansion. The property currently benefits from granted planning permission for a substantial two-storey rear extension, a first-floor side extension complete with a new porch, front windows, and a rear loft conversion featuring a dormer. This allows for the opportunity to enhance living space significantly, accommodating modern family needs. Inside, you will find a well-structured layout that includes a welcoming porch leading into the reception hall. The ground floor consists of multiple versatile rooms: a cozy lounge with bay windows and a dining room that invites natural light. The breakfast kitchen features ample cabinetry and workspace, as well as access to a side lean-to area that provides additional utility. On the upper level, three bedrooms offer comfortable accommodation alongside a shower room equipped with essential fixtures. Notably, the property is positioned on a wrap-around garden which not only enhances outdoor space but also presents further possibilities for landscaping or development ideas. The location is advantageous for families due to its proximity to local amenities, schools, and transport links. The corner plot offers driveway parking along with garage space, making it practical for multiple vehicles. With its existing features combined with numerous renovation possibilities, this property represents an excellent investment opportunity for those looking to create their ideal home in an area with growth potential. An internal viewing is highly recommended to fully appreciate the scope on offer here.

Investment Analysis

(B74 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£347
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (B74)

Area prices are rising by +4.5% over the last 12 months
3 year growth: 8.4%
5 year growth: 18.1%
Investment Disclaimer: Analysis based on B74 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

Ferndale Road, Streetly
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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
£1,648
Based on a loan of £337,500 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