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Gressel Lane, Birmingham

West Midlands

£250,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1299 sqft

Description

This three-bedroom end-terrace home presents a promising renovation and investment opportunity. Nestled on a generously sized plot, the property is designed to accommodate various needs, making it suitable for families or investors aiming to enhance value. The inviting entrance leads into a spacious lounge, characterized by large double-glazed windows that fill the area with natural light. A feature fireplace adds a cozy touch, while the central heating ensures year-round comfort. The kitchen is equipped with a practical layout that includes ample wall and base units, providing plenty of scope for modernization and customizations. It opens seamlessly into a conservatory that overlooks the rear garden—a versatile space ideal for relaxing or entertaining. On the upper level, three well-proportioned bedrooms offer flexible living arrangements. Each bedroom receives natural light through double-glazed windows, while the bathroom is functional and ready for updates to meet contemporary standards. The exterior boasts a substantial rear garden primarily laid to lawn, presenting an excellent canvas for landscaping or outdoor improvements. Off-road parking at the front of the property adds convenience. Given its potential for extensions and upgrades (subject to planning approval), this home offers an exciting prospect for those looking to create their ideal living environment or maximize investment returns. Viewing is essential to fully grasp the possibilities this property holds in both its current state and future potential.

Investment Analysis

(B33 area)

Below Market Value

This property is priced -21.3% below area average per sq ft

-21.3%
Potential saving
This Property
£192/sq ft
Area Average
£245/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£349,580
10% above area average per sq ft
Potential ROI
+24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B33)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 6.9%
5 year growth: 30.1%
Investment Disclaimer: Analysis based on B33 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

Gressel Lane, Birmingham
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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
£916
Based on a loan of £187,500 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