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Chatham Road, Birmingham, West Midlands, B31 - Image 1
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Chatham Road, Birmingham, West Midlands, B31 - Image 3
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Chatham Road, Birmingham, West Midlands, B31 - Image 5
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Chatham Road, Birmingham, West Midlands, B31 - Image 7
Chatham Road, Birmingham, West Midlands, B31 - Image 8
Chatham Road, Birmingham, West Midlands, B31 - Image 9
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Chatham Road, Birmingham, West Midlands, B31

West Midlands

£200,000
Listed on 30/01/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
857 sqft

Description

This three-bedroom terraced property in Northfield presents a solid investment opportunity, particularly appealing to first-time buyers and investors. The home is arranged over two floors, offering well-proportioned living spaces that can be adapted to various needs. Although the property is currently in good condition, there is ample scope for modernisation or personalisation, allowing new owners to enhance the space according to their preferences. Upon entry, you are greeted by a welcoming hallway leading into a flexible front reception room that could serve as a dining area, home office, or additional sitting room. Beyond this, the spacious living room provides an inviting environment for daily life. The kitchen is equipped with practical storage and worktop areas and connects conveniently to a ground floor bathroom. The first floor comprises three sizable bedrooms, including a generous main bedroom with additional storage options. The layout allows for creative renovation possibilities that could significantly elevate the home's value. Externally, the private rear garden offers potential for landscaping or redesign for outdoor leisure and entertaining purposes. Positioned centrally within Northfield, residents benefit from close proximity to local amenities including shops, schools, and effective public transport links. This property stands as a canvas ready for transformation into an ideal home or rental asset with thoughtful updates.

Investment Analysis

(B31 area)

Below Market Value

This property is priced -15.1% below area average per sq ft

-15.1%
Potential saving
This Property
£233/sq ft
Area Average
£275/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£259,054
10% above area average per sq ft
Potential ROI
+12.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -3.8% over the last 12 months
3 year growth: +3.2%
5 year growth: +25.2%
Investment Disclaimer: Analysis based on B31 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

Chatham Road, Birmingham, West Midlands, B31
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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
£721
Based on a loan of £150,000 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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