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Braceby Avenue - Planning for 14 Flats, Birmingham, B13

West Midlands

£300,000
Listed on 23/03/2026

Property Details

Bedrooms
14
Type
Plot

Description

This freehold development site spans approximately 0.329 acres and comes with full planning permission for the construction of a two-storey building with a basement, designed to accommodate 14 self-contained flats along with off-street parking. Situated in a primarily residential neighborhood of Birmingham, this property is ideally positioned near an array of local amenities, including shops, schools, and public transport links—enhancing its attractiveness for potential tenants or owners alike. The project presents an opportunity for developers looking to make a significant impact on the local housing market by creating modern living spaces that cater to current demands. The site is accessible via Braceby Avenue and ready for transformation following the necessary demolition of existing storage units and garages. With mains services believed to be available nearby, this site holds promise for investors keen on capitalizing on the growing demand for residential accommodation.

Investment Analysis

(B13 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£228
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£800,000 - £1,200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
36%
Properties sold annually

Local Market Trend (B13)

Area prices are stable by +2.0% over the last 12 months
3 year growth: +7.2%
5 year growth: +20.5%
Investment Disclaimer: Analysis based on B13 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

Braceby Avenue - Planning for 14 Flats, Birmingham, B13
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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
£1,082
Based on a loan of £225,000 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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