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Tilesford Close, Monkspath

West Midlands

£320,000
Listed on 03/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom semi-detached home is tucked away in a quiet cul-de-sac, making it an attractive option for those seeking potential renovation and investment opportunities. While the property is currently in need of modernization, it offers a solid foundation for creating a personalized living space. The internal layout includes a welcoming hallway leading to a lounge that spans the rear of the property, featuring abundant natural light from dual aspect double-glazed windows. The adjoining fitted kitchen contains essential amenities such as wall and base units, built-in oven and hob, plus additional space for further enhancement. A convenient guest WC completes the ground level. Upstairs, there are two well-proportioned bedrooms. The larger bedroom benefits from multiple windows, providing ample sunlight and a spacious feel. The second bedroom overlooks the front garden, offering versatility for use as a children's room or home office. A family bathroom is also located on this floor, equipped with basic fixtures and an opportunity for updating. Outside, the rear garden primarily consists of lawn space with a patio area for outdoor relaxation or entertaining. Mature shrubs add character to the surroundings. An attached garage offers practical storage solutions and potential for reconfiguration if desired. Located on the edge of Shirley near open countryside, this property provides excellent access to road networks including the M42 motorway and is close to local amenities such as shops, schools, healthcare facilities, and dining options like the Farm Gastro Pub & Restaurant. Families will appreciate being within catchment areas for reputable schools. With its combination of location advantages and significant renovation potential, this property presents an enticing opportunity for investors or first-time buyers looking to create their ideal home while benefiting from future appreciation in value.

Investment Analysis

(B90 area)
Area Average
£352/sq ft
Avg Rent (weekly)
£310
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (B90)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 1.3%
5 year growth: 10.2%
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

Tilesford Close, Monkspath
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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
£1,172
Based on a loan of £240,000 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