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Hobhouse Close, Birmingham, B42

West Midlands

£440,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1382 sqft

Description

This four-bedroom detached family home sits on a substantial corner plot in a quiet residential area of Great Barr, built in 1999. It is well-maintained and presents an excellent opportunity for families looking to create their ideal living space. The property features multiple reception areas, spacious bedrooms, and expansive private gardens, all while offering considerable potential for extension or modification (subject to planning permission). The integral garage suggests additional options for conversion into functional living spaces such as a home office or playroom. Furthermore, the freehold status eliminates any management fees, ensuring complete ownership. This home’s layout not only accommodates contemporary family needs but also invites the possibility of future enhancements to maximize its value. The surrounding Great Barr area boasts strong community amenities, making it appealing for families who prioritize both comfort and convenience. Well-rated schools are nearby, along with excellent transport links to major roadways and rail services into Birmingham. Local shopping options ensure that daily necessities are easily accessible. The extensive outdoor spaces like Red House Park and the Sandwell Valley Country Park add to the charm of the location. Overall, this property offers modern comforts alongside significant renovation potential, perfect for those seeking a long-term investment in a sought-after neighborhood.

Investment Analysis

(B42 area)

Above Market Value

This property is priced +14.6% above area average per sq ft

+14.6%
This Property
£318/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£422,236
10% above area average per sq ft
Potential ROI
-12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (B42)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 14.2%
5 year growth: 31.3%
Investment Disclaimer: Analysis based on B42 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

Hobhouse Close, Birmingham, B42
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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
£1,612
Based on a loan of £330,000 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