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Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ - Image 1
Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ - Image 2
Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ - Image 3
Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ - Image 4
Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ - Image 5

Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ

West Midlands

£120,000
Listed on 11/07/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold property presents a significant opportunity for redevelopment, situated in a well-established residential neighborhood in Stockland Green. Currently configured as a three-story former engineering workshop, the building has been out of use and offers potential for alternative uses, particularly residential conversions, pending necessary planning approvals. Accessed via a dedicated driveway from Hampton Road, the site is positioned at the rear of Victorian terraced homes, fostering a sense of privacy while remaining connected to the community. Adjacent to Stockland Green School and within walking distance of local amenities, the location benefits from good transport links. The proximity to bus routes and nearby Gravelly Hill Cross City Line Railway Station (0.8 miles) enhances its appeal for future occupants. Additionally, major road networks such as the M6 Junction 6 and A38 Aston Expressway are conveniently accessible. The property features a substantial frontage with ample parking space, highlighting its potential for redevelopment. A recent pre-application inquiry (reference number 2024/05829/PA) explored options for converting the existing structure into three residential flats, incorporating modern design elements such as light wells and green walls. As it stands, this site offers both immediate value and long-term investment potential in an area characterized by steady demand for housing. Interested parties are encouraged to conduct their due diligence regarding services available on-site and to verify planning possibilities with local authorities. The property is offered freehold with vacant possession upon completion, enabling new owners to pursue their vision without delay.

Investment Analysis

(B23 area)
Area Average
£224/sq ft
Avg Rent (weekly)
£240
Avg Yield
5.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (B23)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 5.0%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on B23 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

Land to the rear of 43-45, Hampton Road, Erdington, Birmingham, West Midlands, B23 7JJ
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£440
Based on a loan of £90,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE