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38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS - Image 1
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38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS

West Midlands

£550,000
Listed on 28/04/2026

Property Details

Bedrooms
8
Type
Detached

Description

This is a substantial detached property that has been transformed into seven self-contained flats, making it an intriguing investment opportunity. The freehold property is currently vacant and features a foregarden with off-road parking, although it does show signs of partial fire damage and requires refurbishment throughout. The layout includes a mix of reception rooms, kitchens, bathrooms, and bedrooms across multiple floors, providing ample space for potential improvements or reconfiguration. This property could be ideal for development with the right planning consents in place. The surrounding area offers various amenities, and with modernisation, this could become a highly desirable investment asset.

Investment Analysis

(B20 area)
Area Average
£231/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B20)

Area prices are rising by +9.2% over the last 12 months
3 year growth: +2.8%
5 year growth: +7.1%
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

38 Handsworth Wood Road, Handsworth Wood, Birmingham, B20 2DS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,962
Based on a loan of £412,500 over 30 years at 3.97% 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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