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Castle Road, Birmingham, B29

West Midlands

£245,000
Listed on 13/02/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
361 sqft

Description

This spacious two-bedroom semi-detached home is located in a desirable residential area of B29, known for its strong investment potential. Previously, the property had approved planning permission for a significant two-storey side extension, which has now lapsed but hints at the possibilities for those looking to enhance both living space and future value, pending necessary approvals. Nestled away from the main road, the home features an expansive front garden and a generous driveway capable of accommodating multiple vehicles. Inside, you are welcomed by a porch that transitions into a hallway leading to a large reception room at the front and an open kitchen diner at the rear, offering direct access to the garden — perfect for family gatherings. The upper floor comprises two double bedrooms along with a well-equipped family bathroom. The property's prime location near the University of Birmingham and Queen Elizabeth Hospital makes it appealing to both families and investors alike. Proximity to public transport options including bus routes and Selly Oak Train Station ensures convenient access to Birmingham City Centre and surrounding areas, with local amenities such as shops, cafes, and restaurants just a short distance away. This property presents an excellent opportunity for renovation or expansion in a sought-after locale.

Investment Analysis

(B29 area)

Above Market Value

This property is priced +122.8% above area average per sq ft

+122.8%
This Property
£679/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£306
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£120,937
10% above area average per sq ft
Potential ROI
-57.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Castle Road, Birmingham, B29
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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
£884
Based on a loan of £183,750 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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