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Handsworth Wood, Birmingham - Image 1
Handsworth Wood, Birmingham - Image 2

Handsworth Wood, Birmingham

West Midlands

£700,000
Listed on 17/04/2026

Property Details

Bedrooms
N/A
Type
Detached

Description

This off-market plot presents a unique investment opportunity in the desirable Handsworth Wood area, currently with planning permission for the development of three detached homes. The plans feature one sizable property at approximately 2025 sqft and two additional homes each around 2175 sqft, all designed to include three bathrooms, two reception rooms, and double garages. This development project could yield high returns in a sought-after residential location, ideal for investors looking to capitalize on the growing demand for housing. Please note that the buyer will incur a 2% + VAT agent's fee on the final sale price.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
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

Handsworth Wood, Birmingham
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 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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