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Elmwood Court, Pershore Road, Birmingham - Image 1
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Elmwood Court, Pershore Road, Birmingham

West Midlands

£120,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Flat
Area
570 sqft

Description

This 2-bedroom flat in Birmingham presents a solid investment opportunity for those looking to enhance their property portfolio. Conveniently located near essential amenities, the flat is currently tenanted, generating an annual gross rental income of £12,000. The property features a lounge, bathroom, kitchen, and a shared garden at the back. While well-maintained, there remains potential for renovations to increase both comfort and rental value. Investors may find opportunities in modernising the interiors or enhancing communal spaces. The current tenants have shown stability and are keen to remain long-term, providing peace of mind for any prospective buyer.

Investment Analysis

(B5 area)

Below Market Value

This property is priced -39.2% below area average per sq ft

-39.2%
Potential saving
This Property
£211/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£257
Avg Yield
6.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£217,036
10% above area average per sq ft
Potential ROI
+49.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
3%
Properties sold annually

Local Market Trend (B5)

Area prices are falling by -19.4% over the last 12 months
3 year growth: -24.4%
5 year growth: -6.7%
Investment Disclaimer: Analysis based on B5 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

Elmwood Court, Pershore Road, 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
£425
Based on a loan of £90,000 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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