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Highland Road, Erdington, B23

West Midlands

£285,000
Listed on 08/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
828 sqft

Description

This three-bedroom semi-detached residence presents a solid foundation for those looking to invest in a property with substantial renovation potential. The home is in good structural condition and has been maintained, featuring a modern kitchen and an updated bathroom that allow new occupants to settle in immediately, while also offering ample opportunity for personalisation over time.<br><br>The ground floor is designed for comfort and convenience, boasting spacious living areas ideal for family activities. The kitchen is well-appointed with practical storage solutions and efficient workspaces.<br><br>On the upper level, the property includes three generously sized bedrooms, where two have fitted wardrobes that enhance storage capacity without compromising floor space. The bathroom's contemporary update adds to the home’s appeal, delivering a fresh atmosphere.<br><br>A noteworthy aspect of this property is the extensive rear garden, which not only provides a perfect area for recreation and outdoor events but also holds significant expansion potential. Previous consideration was given by the owners towards extending the home with a side and rear double extension (subject to planning permissions), which could dramatically enhance living space and transform it into a larger family home.<br><br>This combination of a well-maintained interior, appealing outdoor space, and future development possibilities make this property an attractive option for buyers seeking immediate enjoyment along with long-term growth potential.

Investment Analysis

(B23 area)

Above Market Value

This property is priced +50.5% above area average per sq ft

+50.5%
This Property
£344/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£208,254
10% above area average per sq ft
Potential ROI
-34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +3.3%
5 year growth: +23.6%
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

Highland Road, Erdington, 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
£1,028
Based on a loan of £213,750 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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