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The Drive, Erdington

West Midlands

£150,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached property is an opportunity for buyers looking to invest in a home with significant potential for modernization. Located in Erdington, the house features a traditional bay front and comprises two reception rooms, a fitted kitchen, and three spacious bedrooms on the first floor, along with a family bathroom. The property benefits from double glazing and central heating throughout, providing a solid foundation for updates. Outside, there's a driveway and a generous rear garden that can be tailored to your preferences. With no upward chain, this home is primed for renovations that could enhance its value and align it with contemporary standards. Whether you're looking to create your ideal living space or seeking an investment opportunity, this property offers the chance to add your personal touch.

Investment Analysis

(B23 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.5%

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
36
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +24.0%
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

The Drive, Erdington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£541
Based on a loan of £112,500 over 30 years at 4.06% 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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