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87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 1
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 2
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 3
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 4
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 5
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 6
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 7
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 8
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 9
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 10
87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD - Image 11

87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD

West Midlands

£39,000
Listed on 16/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terraced property presents a promising opportunity for renovation and investment. The house is set back from the road, featuring a front garden that provides a touch of greenery. With two reception rooms and a kitchen on the ground floor, the layout offers a functional foundation for modernization. Upstairs, the first floor comprises a landing, two well-proportioned bedrooms, and a bathroom equipped with a separate shower cubicle. Each space holds potential for upgrades that could enhance both comfort and value. The property also benefits from gas central heating and double glazing, ensuring a reasonable standard of energy efficiency. One of the notable aspects of this property is its development potential. There may be opportunities to convert the loft and extend to the rear, subject to securing the necessary planning consents. This aspect makes it an appealing prospect for those looking to maximize their investment through development. The exterior features gardens along with outbuildings at the rear, which can serve various purposes or be transformed under revitalization efforts. Located in an area that enjoys access to local amenities and transport links, this property is not only suitable for renovation enthusiasts but also stands as a solid investment opportunity in a growing market. With vacant possession upon completion, you can begin your plans immediately following acquisition.

Investment Analysis

(B23 area)
Area Average
£224/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.6%

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
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (B23)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 5.0%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on B23 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

87 Rosary Road, Erdington, Birmingham, West Midlands, B23 7RD
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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
£143
Based on a loan of £29,250 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