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33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 1
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 2
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 3
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 4
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 5
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 6
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 7
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 8
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 9
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 10
33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL - Image 11

33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL

West Midlands

£95,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
840 sqft

Description

This three-bedroom mid-terrace house presents a promising opportunity for renovation and investment in the Hockley and Soho area of Birmingham. The property features two reception rooms, a kitchen, utility room, and a family bathroom on the ground floor, with three bedrooms located upstairs. While the heating system is powered by an untested combi-gas boiler, this can be updated to enhance comfort and efficiency. The enclosed rear garden adds potential for outdoor living space, further increasing its appeal. Given its strategic location within proximity to local amenities, shopping centres, and good transport links to Birmingham city centre, this property could be transformed into a desirable home or rental unit. A refurbishment here could unlock significant value, making it an attractive prospect for investors looking to capitalize on the growing demand in the region.

Investment Analysis

(B18 area)

Below Market Value

This property is priced -50.8% below area average per sq ft

-50.8%
Potential saving
This Property
£113/sq ft
Area Average
£230/sq ft
Avg Rent (weekly)
£259
Avg Yield
7.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£212,474
10% above area average per sq ft
Potential ROI
+63.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B18)

Area prices are falling by -2.9% over the last 12 months
3 year growth: +1.8%
5 year growth: +15.8%
Investment Disclaimer: Analysis based on B18 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

33 Preston Road, Hockley, Birmingham, West Midlands, B18 4PL
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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
£343
Based on a loan of £71,250 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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