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Clarence Road, Sparkhill, Birmingham

West Midlands

£315,000

Listed on 02/10/2025

Property details

Bedrooms
5
Type
Terraced

Description

This five-bedroom mid-terrace property presents a unique opportunity for renovation and investment. Featuring three versatile reception rooms, this home is well-suited for both family living and potential rental income. The substantial layout includes three good-sized bedrooms on the first floor, complemented by a family bathroom and a separate WC, making daily routines more convenient. The top floor hosts two additional bedrooms that could also serve as offices or guest rooms. Furthermore, the basement provides extra storage space with the possibility of future conversion to increase living space (subject to relevant permissions). Located in the West Midlands, close to local amenities, schools, and transport links, this property combines character with ample room to modernize and enhance value through thoughtful updates. Ideal for those looking to create a personalized family home or capitalise on rental demand in the area.

Investment analysis

(B11 area)
Area Average
£223/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (B11)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +8.7%
5 year growth: +23.3%
Investment Disclaimer: Analysis based on B11 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

Clarence Road, Sparkhill, Birmingham
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,190
Based on a loan of £236,250 over 30 years at 4.45% 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.

Stamp duty calculator

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