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Old Beeches, Erdington, Birmingham B23 5XL

West Midlands

£190,000
Listed on 06/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom mid-terrace property presents a promising opportunity for renovation, ideally suited for first-time buyers or investors keen to add value. The home boasts a welcoming entrance through a secure porch leading into a hallway that connects to the front lounge. The kitchen/dining area features a practical layout with ample base units, generous countertop space, and room for fitted appliances, offering potential for modern upgrades. A convenient ground floor WC and additional storage complement this level. Upstairs, you’ll find three bedrooms; two spacious doubles and a smaller third room that could serve as a guest bedroom or office. The family shower room includes essential fixtures but holds potential for enhancement. Outside, the private rear garden includes a paved patio and lawned area, providing a blank canvas for landscaping or outdoor improvement. With no onward chain, this property is an appealing investment for those looking to create their ideal home in a location close to local amenities and schools.

Investment Analysis

(B23 area)
Area Average
£225/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +0.8%
5 year growth: +20.5%
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

Old Beeches, Erdington, Birmingham B23 5XL
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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
£678
Based on a loan of £142,500 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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