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Forde Way Gardens, Birmingham, West Midlands, B38

West Midlands

£130,000
Listed on 08/05/2026

Property Details

Bedrooms
2
Type
Terraced
Area
453 sqft

Description

This two-bedroom terraced house presents a promising renovation opportunity in a desirable residential area of Birmingham. With no chain involved, this property is ready for immediate engagement and offers the potential to enhance its value significantly. Upon entering, you'll find a welcoming hallway leading to a kitchen equipped with ample storage space, perfect for those looking to modernize and optimize functionality. The spacious living room at the rear of the home provides access to a garden, extending the livable area outdoors and ideal for future landscaping or entertaining upgrades. Upstairs, both double bedrooms are generously sized and full of natural light, making them excellent candidates for redecoration or layout reconfiguration. The family bathroom and separate WC add an element of practicality but may benefit from updates depending on your vision. Externally, the rear garden features both patio and lawned sections that can be revitalized into an attractive outdoor space. Situated conveniently near local amenities such as shops, cafes, and schools while being well-connected to transport links into Birmingham city center ensures its appeal to first-time buyers or investors keen on adding value through renovations.

Investment Analysis

(B38 area)

Above Market Value

This property is priced +6.1% above area average per sq ft

+6.1%
This Property
£287/sq ft
Area Average
£271/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£134,815
10% above area average per sq ft
Potential ROI
-13.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (B38)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +12.9%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on B38 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

Forde Way Gardens, Birmingham, West Midlands, B38
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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
£464
Based on a loan of £97,500 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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