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Gospel Farm Road, Birmingham, B27

West Midlands

£240,000
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
829 sqft

Description

This three-bedroom semi-detached home, located on a desirable corner plot in the residential area of Gospel Farm Road, presents a promising opportunity for buyers keen on renovation and value enhancement. The property features an elongated rear garden that is ripe for improvement and possible extension, pending planning approval. Internally, the layout includes a spacious lounge, a functional kitchen, a downstairs family bathroom, and three well-sized bedrooms. While the property requires modernisation, it holds significant potential for those looking to customise their living space. Ideal for investors or families seeking a project in a well-connected neighbourhood close to local amenities, schools, parks, and transport links. Viewing is encouraged to fully appreciate the flexibility this property offers.

Investment Analysis

(B27 area)

Above Market Value

This property is priced +14.0% above area average per sq ft

+14.0%
This Property
£290/sq ft
Area Average
£254/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£231,486
10% above area average per sq ft
Potential ROI
-17.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (B27)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 2.4%
5 year growth: 21.2%
Investment Disclaimer: Analysis based on B27 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

Gospel Farm Road, Birmingham, B27
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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
£879
Based on a loan of £180,000 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