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Penshaw Grove, Birmingham, B13

West Midlands

£230,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
703 sqft

Description

This property offers a practical layout ideal for transformation into a modern family residence. On the ground floor, you'll find a welcoming reception area that leads into a functional kitchen, alongside access to a bathroom and a separate WC. The first floor accommodates three generously proportioned bedrooms, all of which are filled with potential for personalization. Currently requiring updates, this home stands as an excellent opportunity for investors or homeowners looking to craft their dream space. Located within easy reach of various shopping options and convenient public transport links, it is well-situated for daily living. The rear garden features both a patio and lawn area, providing outdoor enjoyment and further enhancement possibilities.

Investment Analysis

(B13 area)

Above Market Value

This property is priced +14.7% above area average per sq ft

+14.7%
This Property
£327/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£241
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£220,622
10% above area average per sq ft
Potential ROI
-18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B13)

Area prices are rising by +6.3% over the last 12 months
3 year growth: 13.0%
5 year growth: 27.0%
Investment Disclaimer: Analysis based on B13 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

Penshaw Grove, Birmingham, B13
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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