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Berkeley Road, Birmingham

West Midlands

£230,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom end-terrace property presents a valuable opportunity for renovation in a sought-after area of Yardley. Designed with a practical layout, the home features an entrance porch that leads into a spacious lounge and separate dining kitchen, creating a comfortable living space. The kitchen provides direct access to the rear garden, enhancing the potential for outdoor entertaining or gardening enthusiasts. Upstairs, you will find three well-sized bedrooms, offering ample accommodation for families or those wishing to create home office spaces. The family bathroom is functional and could be modernized to suit personal tastes. Additionally, the property includes a utility area and a downstairs W.C., adding convenience for daily living. The exterior features a reasonably sized rear garden, ideal for cultivation or recreational use, along with potential off-road parking options subject to any necessary approvals. While the property requires modernization throughout, it stands on solid foundations and allows for creative input into its redesign. Located close to essential amenities including local schools, shops, and public transportation options connecting to Birmingham city center and beyond, this property is not only an attractive prospect for first-time buyers but also offers significant investment potential. With its prime location and ample space to work with, this home represents a chance to increase value through thoughtful renovations.

Investment Analysis

(B25 area)
Area Average
£249/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
38%
Properties sold annually

Local Market Trend (B25)

Area prices are stable by +1.8% over the last 12 months
3 year growth: 8.1%
5 year growth: 30.3%
Investment Disclaimer: Analysis based on B25 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

Berkeley Road, 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
£843
Based on a loan of £172,500 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