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Groveley Lane, Birmingham, B31

West Midlands

£230,000
Listed on 27/11/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
793 sqft

Description

This two-bedroom semi-detached house in Longbridge, Birmingham, presents a unique opportunity for renovation and investment. The home features a fitted kitchen equipped with essential appliances, adjacent to a utility room, alongside two welcoming reception areas and a family bathroom. A standout feature is the potential for a side extension, which could enhance living space significantly—subject to obtaining the necessary planning permissions. The property also benefits from off-road parking via a driveway and boasts an enclosed rear garden with decking and lawn areas, perfect for outdoor use. It is conveniently located near local amenities including schools, shops, and transport links to Birmingham City Centre. This property is well-suited for those looking to invest in an area known for its community appeal and proximity to scenic spots like Lickey Hills Country Park.

Investment Analysis

(B31 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£290/sq ft
Area Average
£274/sq ft
Avg Rent (weekly)
£245
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£239,272
10% above area average per sq ft
Potential ROI
-14.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
39%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by +3.0% over the last 12 months
3 year growth: 4.3%
5 year growth: 26.1%
Investment Disclaimer: Analysis based on B31 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

Groveley Lane, Birmingham, B31
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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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