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Hole Lane, Birmingham, West Midlands, B31 - Image 1
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Hole Lane, Birmingham, West Midlands, B31

West Midlands

£525,000
Listed on 15/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1325 sqft

Description

This detached bungalow presents a substantial opportunity for those looking to invest in a property with significant potential for modernization and expansion, subject to planning approvals. The home features two spacious double bedrooms and two well-sized reception rooms, ideal for reconfiguration to meet modern living standards. The property is set on a generous plot, providing ample outdoor space with a south-facing rear garden that boasts mature greenery and privacy from surrounding properties. Inside, the layout includes a large lounge filled with natural light, a dining room leading into the galley kitchen, and a conservatory that opens onto the expansive patio area. Additionally, the property benefits from practical features like an outdoor WC and garage access. Located near Northfield’s vibrant amenities and excellent schools within Birmingham’s sought-after suburbs, this home is perfectly positioned for both residential enjoyment and future value growth through renovation or extension.

Investment Analysis

(B31 area)

Above Market Value

This property is priced +39.2% above area average per sq ft

+39.2%
This Property
£396/sq ft
Area Average
£285/sq ft
Avg Rent (weekly)
£260
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£414,950
10% above area average per sq ft
Potential ROI
-26.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -4.7% over the last 12 months
3 year growth: +3.2%
5 year growth: +21.4%
Investment Disclaimer: Analysis based on B31 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

Hole Lane, Birmingham, West Midlands, B31
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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
£1,873
Based on a loan of £393,750 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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