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Gravelly Hill North, Birmingham

West Midlands

£105,000
Listed on 01/04/2026

Property Details

Bedrooms
2
Type
Flat

Description

This two-bedroom flat, located on the second floor of a well-maintained building, presents an excellent opportunity for renovation in a sought-after area of the West Midlands. Boasting a long lease term of 149 years, this property sits amidst mature grounds and provides easy access to local amenities and transport links, including Gravelly Hill Cross City Rail Station just 200 meters away. While the flat currently features double glazing and electric heating, it would benefit from a series of upgrades to fully realize its potential. The spacious lounge, functional kitchen, two bedrooms with built-in wardrobes, and a decent-sized bathroom offer a solid foundation for transformation. Additionally, the property includes a garage for convenient storage or parking. This offering is particularly appealing as it comes with no upward sales chain and is priced to reflect the need for refurbishment. With some thoughtful improvements, this flat could serve as an attractive investment or a comfortable home in a well-connected area.

Investment Analysis

(B23 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
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
17%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +1.8%
5 year growth: +21.3%
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

Gravelly Hill North, Birmingham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£372
Based on a loan of £78,750 over 30 years at 3.91% 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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