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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

£650,000
Listed on 08/04/2026

Property Details

Bedrooms
N/A
Type
Block Of Apartments

Description

This expansive three-storey property, offering around 3003 square feet of space, presents an exciting opportunity for investors and developers. Located in a popular residential area of Birmingham, the building requires refurbishment and has the potential for redevelopment and extension, subject to necessary planning permissions. Its proximity to local shops, amenities, and transport links makes it appealing for future occupants or tenants. Currently vacant, this property is ideal for those looking to capitalize on its renovation and investment potential.

Investment Analysis

(B20 area)
Area Average
£230/sq ft
Avg Rent (weekly)
£221
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
9
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (B20)

Area prices are stable by -0.3% over the last 12 months
3 year growth: -1.2%
5 year growth: +3.5%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 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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