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Tamworth Road, B78

West Midlands

£124,500
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1095 sqft

Description

Presenting a three-storey mid-terrace home that holds significant renovation potential, perfect for investors and developers. This three-bedroom property spans approximately 1,095 sq. ft (101.81 sq. m) and stands as a blank canvas awaiting your vision. With no onward chain, cash buyers can move swiftly to capitalize on the high rental demand in the B78 area. The ground floor features two spacious reception rooms with original charm, along with a kitchen that opens directly to the rear garden, offering scope for modernisation and redesign. The first floor accommodates a generously sized master bedroom and an additional well-proportioned bedroom alongside a family bathroom that is ripe for refurbishment. A wide landing provides potential for enhanced storage solutions. On the second floor, a characterful third bedroom awaits transformation under sloped ceilings, allowing for imaginative use of space. The private rear garden offers further possibilities for landscaping or outdoor enhancements. Located conveniently on Tamworth Road, this property is within walking distance to local amenities and enjoys excellent transport links to Birmingham and surrounding areas, making it an attractive prospect for those looking to invest in the region.

Investment Analysis

(B78 area)

Below Market Value

This property is priced -62.1% below area average per sq ft

-62.1%
Potential saving
This Property
£114/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£262
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£361,290
10% above area average per sq ft
Potential ROI
+119.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (B78)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.5%
5 year growth: +12.0%
Investment Disclaimer: Analysis based on B78 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

Tamworth Road, B78
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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
£441
Based on a loan of £93,375 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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