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George Road, Erdington, Birmingham

West Midlands

£150,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1323 sqft

Description

This end-terraced property presents a promising opportunity for refurbishment and investment, ideally situated with views over Brookvale Park Lake. While the home currently requires significant updating and modernisation, it offers a solid foundation with features such as a reception porch, hallway, a lounge, and a separate dining room. The ground floor also includes a breakfast room and fitted kitchen. Upstairs, the layout consists of three bedrooms and a family bathroom, plus an additional fourth bedroom or office that is accessed via the third bedroom. The property benefits from central heating and double glazing in parts but requires attention to enhance its full potential. There is ample outside space with both front and rear gardens, providing various options for landscaping or further development. With no chain involved in the sale process, this property allows for a swift transaction, making it an ideal candidate for buyers looking to add value through renovation.

Investment Analysis

(B23 area)

Below Market Value

This property is priced -49.3% below area average per sq ft

-49.3%
Potential saving
This Property
£113/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£325,478
10% above area average per sq ft
Potential ROI
+75.9%
After renovation
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

George Road, Erdington, Birmingham
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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
£549
Based on a loan of £112,500 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