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Grey Mill Close, Monkspath

West Midlands

£585,000

Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
1432 sqft

Description

This detached family residence, positioned on an expansive corner plot, presents an excellent opportunity for renovation and potential expansion (subject to planning permission). Comprising four well-sized bedrooms and two reception rooms, the property features a fitted kitchen, a guest W.C., an en-suite shower room, and a family bathroom. The rear garden is spacious, complemented by a double garage and off-road parking. The home is conveniently located near the edge of Shirley and open countryside while providing easy access to major roadways such as the M42 motorway, as well as close proximity to Birmingham International Airport and Train Station. Local amenities include shops on Shelly Crescent, Monkspath Junior and Infant School, a doctor’s surgery, a dentist, and the highly regarded Farm Gastro Pub & Restaurant. This property falls within the catchment area of Alderbrook Senior School and is just a short drive from the extensive shopping options available at Solihull Town Centre including Touchwood Shopping Centre and John Lewis Department Store.

Investment Analysis

(B90 area)

Above Market Value

This property is priced +16.2% above area average per sq ft

+16.2%
This Property
£409/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£292
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£553,919
10% above area average per sq ft
Potential ROI
-12.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B90)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +3.3%
5 year growth: +8.2%
Investment Disclaimer: Analysis based on B90 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

Grey Mill Close, Monkspath
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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
£2,210
Based on a loan of £438,750 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

Price History

-2.5% since listed
£585,000£15,000(-2.5%)
03/02/2026
Current price
£600,000Initial listing
15/10/2025

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