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Richford Grove, BIRMINGHAM

West Midlands

£160,000
Listed on 07/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
927 sqft

Description

This mid-terrace property offers a blank canvas for those looking to invest in a renovation project. Featuring three well-proportioned bedrooms, a kitchen-diner, and a separate lounge, the home is primed for modernisation and personalisation. The integrated garage and driveway provide practical benefits, while the rear garden adds outdoor space with potential for enhancement. Although it requires some updating throughout, this residence is situated in the desirable Tile Cross area, close to amenities such as schools and transport links. This presents an excellent opportunity for first-time buyers or families eager to create their ideal living space.

Investment Analysis

(B33 area)

Below Market Value

This property is priced -28.3% below area average per sq ft

-28.3%
Potential saving
This Property
£173/sq ft
Area Average
£241/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£245,493
10% above area average per sq ft
Potential ROI
+29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (B33)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +8.2%
5 year growth: +31.4%
Investment Disclaimer: Analysis based on B33 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

Richford Grove, BIRMINGHAM
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£567
Based on a loan of £120,000 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.

Stamp Duty Calculator

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