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37 Newman Road, Erdington, Birmingham, B24 9AG - Image 1
37 Newman Road, Erdington, Birmingham, B24 9AG - Image 2

37 Newman Road, Erdington, Birmingham, B24 9AG

West Midlands

£49,000
Listed on 18/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced property presents a significant opportunity for investors or buyers looking to add value through refurbishment. Set back from the road with a foregarden, the home features two reception rooms and a kitchen on the ground floor, accompanied by three bedrooms and a bathroom on the first floor. While it is equipped with gas-fired central heating and double glazing, the interior requires updating throughout, making it an ideal canvas for those interested in renovation projects. The external gardens also offer potential for landscaping improvements. This freehold property will be sold vacant, allowing for immediate access upon completion.

Investment Analysis

(B24 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£226
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (B24)

Area prices are falling by +5.0% over the last 12 months
3 year growth: 6.7%
5 year growth: 22.7%
Investment Disclaimer: Analysis based on B24 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

37 Newman Road, Erdington, Birmingham, B24 9AG
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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
£179
Based on a loan of £36,750 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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