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Somerset Road, Birmingham, West Midlands

West Midlands

£490,000
Listed on 01/05/2026

Property Details

Bedrooms
5
Type
Terraced
Area
2929 sqft

Description

This substantial Victorian property, spread over several floors, presents a remarkable opportunity for renovation and investment. Boasting five bedrooms, two reception rooms, and additional storage space in the cellar, this home embodies character and potential for modern family living. While currently offering an inviting entrance hall that leads to high-ceilinged reception rooms with original fireplaces and bay windows, it holds much promise for enhancement tailored to contemporary tastes. The kitchen/dining area is functional but could benefit from an upgrade to maximize its sociable layout. With a utility room providing practical support and access to a rear garden that features both lawn and patio areas, the outdoor space adds further potential for improvement or landscaping. The upper levels include ample bedroom accommodation with adaptable spaces that can cater to families or professionals seeking home office setups. Two bathrooms are available but may require updating to meet modern standards. The location enjoys proximity to local amenities as well as excellent transport links to Birmingham City Centre, enhancing its appeal for both residential use and rental investment. This property stands out as a canvas ready for those with a vision for refurbishment, making it an attractive prospect for buyers looking to create their dream home or capitalize on the growing housing market in the West Midlands.

Investment Analysis

(B20 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£167/sq ft
Area Average
£231/sq ft
Avg Rent (weekly)
£215
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£744,420
10% above area average per sq ft
Potential ROI
+28.3%
After renovation
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

Somerset Road, Birmingham, West Midlands
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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
£1,748
Based on a loan of £367,500 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.

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