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38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS - Image 1
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38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS

West Midlands

£650,000
Listed on 23/02/2026

Property Details

Bedrooms
8
Type
Detached

Description

This impressive detached property presents a significant investment opportunity, having been transformed into seven self-contained flats. With vacant possession and potential for further development, subject to planning approval, this property is a blank canvas awaiting revival. Although it currently shows signs of partial fire damage and requires comprehensive refurbishment, the existing layout includes multiple reception areas, kitchens, and bathrooms spread across three floors. The property benefits from off-road parking and garden space, adding to its appeal for future tenants or buyers. Given its location in the West Midlands, this could be an attractive project for those seeking to capitalize on the rental market or add value through redevelopment.

Investment Analysis

(B20 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (B20)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on B20 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

38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

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