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38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS - Image 1
38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS - Image 2
38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS - Image 3

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

West Midlands

£650,000
Listed on 24/02/2026

Property Details

Bedrooms
8
Type
Detached house

Description

This substantial freehold detached property offers an exceptional investment opportunity, currently configured as seven self-contained flats. With its partially fire-damaged condition, this property is ripe for refurbishment and could be transformed into a modern living space subject to the necessary planning permissions. The layout includes various reception rooms, kitchens, and bathrooms across three floors, plus communal areas that enhance its rental potential. It stands in a good location with off-road parking and surrounding gardens, making it a prime candidate for further development or conversion into additional units. A thorough update would significantly increase its market value and appeal in the competitive West Midlands rental market.

Investment Analysis

(B20 area)
Area Average
£233/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (B20)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +1.7%
5 year growth: +8.9%
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

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,344
Based on a loan of £487,500 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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