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Oakwood Road, Hollywood, Birmingham, B47 5DL - Image 1
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Oakwood Road, Hollywood, Birmingham, B47 5DL

West Midlands

£280,000
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
953 sqft

Description

Nestled on Oakwood Road in the tranquil yet accessible neighborhood of Hollywood, this three-bedroom terraced home presents a compelling opportunity for renovation and investment. The property is positioned conveniently within reach of local amenities, making it appealing to families and first-time buyers alike. With essential shops, supermarkets, and respected schools just a short distance away, as well as reliable transport links to Birmingham and Solihull, the location ensures a blend of suburban comfort and urban accessibility. Upon entering, you are greeted by a central hallway that connects to substantial living areas, including a desirable downstairs WC. The rear of the property boasts a kitchen with considerable potential for modernization or reconfiguration according to personal style preferences. Adjacent to the kitchen is a utility/storage area providing additional functionality. The expansive through lounge/diner measuring over 20ft creates an inviting space filled with natural light from both ends. This area is perfect for social gatherings or simply unwinding after a long day. Upstairs, the home features three bedrooms: two well-sized doubles suitable for family living and a versatile third bedroom ideal for use as an office or guest space. A family bathroom serves this floor along with built-in storage options. Outside, there’s room for enhancement at the rear, which could be transformed into an attractive outdoor leisure area—subject to relevant permissions—adding even more value to this already spacious home. Overall, this property stands out not only for its size but also for its potential to be tailored to modern tastes. With off-road parking and proximity to green spaces perfect for recreation, it offers a unique chance to create your ideal family home while benefiting from continued value growth in this desirable location.

Investment Analysis

(B47 area)

Below Market Value

This property is priced -15.2% below area average per sq ft

-15.2%
Potential saving
This Property
£294/sq ft
Area Average
£346/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£363,184
10% above area average per sq ft
Potential ROI
+15.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
128%
Properties sold annually

Local Market Trend (B47)

Area prices are stable by +1.4% over the last 12 months
3 year growth: +5.0%
5 year growth: +24.6%
Investment Disclaimer: Analysis based on B47 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

Oakwood Road, Hollywood, Birmingham, B47 5DL
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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
£1,010
Based on a loan of £210,000 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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