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Gristhorpe Road, Selly Oak

West Midlands

£230,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
856 sqft

Description

This semi-detached three-bedroom home offers an exceptional canvas for those interested in undertaking a comprehensive renovation project. Positioned in a highly sought-after area, the property is ripe for transformation and presents a unique opportunity to design a residence that reflects personal style and preferences. The layout consists of an entrance hall that opens into two generously sized reception rooms, perfect for versatile living arrangements or entertaining guests. The kitchen, located at the rear, connects to a convenient ground floor shower room, adding functional space to the floor plan. Upstairs, you'll find three spacious bedrooms, ideal for family living or as potential guest accommodations or workspace. The outdoor garden space presents possibilities for landscaping or even extension opportunities with appropriate planning permissions. This property is available with no onward chain, making it an appealing option for investors or first-time buyers eager to realize its full potential in a coveted community.

Investment Analysis

(B29 area)

Below Market Value

This property is priced -11.8% below area average per sq ft

-11.8%
Potential saving
This Property
£269/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£306
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£286,764
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (B29)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +3.1%
5 year growth: +14.5%
Investment Disclaimer: Analysis based on B29 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

Gristhorpe Road, Selly Oak
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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
£830
Based on a loan of £172,500 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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