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South Grove, Birmingham, B23

West Midlands

£125,000
Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom apartment in Erdington, Birmingham presents an exciting opportunity for buyers looking to undertake a renovation project. The flat is perfect for those wanting to infuse their own style and preferences, as it requires updating throughout. Being sold chain-free allows for a straightforward purchase process. Inside, the space includes a separate reception room that features large windows providing plenty of natural light and a fireplace, overlooking the garden. Both double bedrooms come equipped with built-in wardrobes, enhancing storage options. The property also boasts outdoor space with a garden, designated parking, and a single garage—ideal for additional storage or workshop potential. Situated within an urban environment, this flat enjoys accessibility to local amenities such as shops and cafés along Erdington High Street. Families will appreciate the proximity to schools and green spaces that offer walking and cycling opportunities. Commuters will find convenience in nearby Erdington railway station, which provides direct services to Birmingham New Street among other destinations, complemented by local bus routes connecting Erdington with surrounding areas. This property's location is framed by historical features typical of Birmingham while remaining sought-after due to its blend of residential convenience and access to open areas. With the potential for significant value addition through renovations, this flat is an appealing choice for investment seekers or first-time buyers eager to make their mark.

Investment Analysis

(B23 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +24.0%
Investment Disclaimer: Analysis based on B23 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

South Grove, Birmingham, B23
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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
£451
Based on a loan of £93,750 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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