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South Road, Erdington, Birmingham, West Midlands, B23

West Midlands

£180,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
850 sqft

Description

This three-bedroom mid-terrace home in Erdington presents a unique opportunity for those looking to invest or create their ideal living space. With two reception areas, a separate modern kitchen, and a versatile loft room, this property offers generous living space along with a sizable rear garden that holds potential for landscaping or expansion. Located on the well-connected South Road, it's just a short distance from Birmingham city centre and local amenities, making it attractive to both future homeowners and landlords. The property is chain-free and can be purchased either with tenants in place or vacant possession. The ground floor features a bay-fronted lounge leading into an additional reception room that enhances flexibility for dining or entertainment. The kitchen provides practical storage solutions and access to the garden. Upstairs, there are three spacious bedrooms along with a family bathroom. While the home requires comprehensive updating throughout, it stands as an excellent canvas for renovation that could significantly increase its value and rental yield. With local schools and convenient transport links nearby, this location is poised for sustained demand from both renters and buyers alike.

Investment Analysis

(B23 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£212/sq ft
Area Average
£226/sq ft
Avg Rent (weekly)
£232
Avg Yield
5.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£211,123
10% above area average per sq ft
Potential ROI
-4.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.1%
5 year growth: +24.0%
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

South Road, Erdington, Birmingham, West Midlands, B23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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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