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Washington Drive, Birmingham

West Midlands

£55,000
Listed on 13/04/2026

Property Details

Bedrooms
1
Type
Maisonette

Description

This well-positioned first-floor maisonette presents an excellent opportunity for both investors and owner-occupiers. While it requires basic internal updates, its convenient location in a desirable area ensures strong potential for returns on investment. The accommodation includes a welcoming ground floor entrance leading up to a landing that accesses a spacious lounge (4.3m x 3.17m), a functional kitchen (3.7m x 2.2m), a bright bedroom (4m x 3m max), and a shower room equipped with essential amenities such as a W.C and wash hand basin. With some renovation, this property could realize its full potential, making it an appealing project for those looking to enhance value.

Investment Analysis

(B20 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (B20)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on B20 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

Washington Drive, 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
£195
Based on a loan of £41,250 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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