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Millhouse Road, Birmingham, West Midlands

West Midlands

£220,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
804 sqft

Description

This mid-terraced property presents a significant opportunity for renovation and personalization, featuring a roomy layout that includes a spacious living room complete with a bay window, a kitchen with fitted units, and a practical bathroom. The private garden adds extra potential for landscaping or creating outdoor leisure areas. The upper floor benefits from well-sized rooms that can be adapted to various uses, such as bedrooms or home office spaces. Situated in an established neighbourhood of Birmingham, the property is conveniently located near local amenities, schools, parks, and transport links, making it ideal for families or first-time buyers looking for a project with long-term value enhancement. The overall ambiance of the property lends itself well to modernisation efforts aimed at improving both comfort and market appeal.

Investment Analysis

(B25 area)

Above Market Value

This property is priced +10.5% above area average per sq ft

+10.5%
This Property
£274/sq ft
Area Average
£248/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£219,066
10% above area average per sq ft
Potential ROI
-15.7%
After renovation
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
60%
Properties sold annually

Local Market Trend (B25)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +7.6%
5 year growth: +25.6%
Investment Disclaimer: Analysis based on B25 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

Millhouse Road, Birmingham, West Midlands
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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
£793
Based on a loan of £165,000 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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