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Land with planning, Aldridge Road, Birmingham, B42 - Image 1
Land with planning, Aldridge Road, Birmingham, B42 - Image 2
Land with planning, Aldridge Road, Birmingham, B42 - Image 3
Land with planning, Aldridge Road, Birmingham, B42 - Image 4
Land with planning, Aldridge Road, Birmingham, B42 - Image 5

Land with planning, Aldridge Road, Birmingham, B42

West Midlands

£220,000

Listed on 19/05/2026

Property Details

Bedrooms
4
Type
End Of Terrace
Area
1776 sqft

Description

This is a unique opportunity to acquire a piece of land with full planning permission for the construction of two residential flats, situated in a thriving area of Birmingham. The proposed development includes a spacious one-bedroom flat and an expansive three-bedroom flat, making it an attractive investment for builders and developers looking to capitalize on the region's growth. With Birmingham experiencing significant economic revitalization, particularly following the introduction of HS2, this site stands out as an excellent candidate for development. The freehold nature of this property further enhances its appeal, presenting a straightforward pathway to build and potentially generate rental income or resale value. Investors will appreciate the existing planning consent that streamlines the development process, allowing for a quicker approach to realising returns.

Investment Analysis

(B42 area)

Below Market Value

This property is priced -53.3% below area average per sq ft

-53.3%
Potential saving
This Property
£124/sq ft
Area Average
£266/sq ft
Avg Rent (weekly)
£263
Avg Yield
5.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£518,681
10% above area average per sq ft
Potential ROI
+10.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (B42)

Area prices are falling by -3.5% over the last 12 months
3 year growth: +4.7%
5 year growth: +20.4%
Investment Disclaimer: Analysis based on B42 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

Land with planning, Aldridge Road, Birmingham, B42
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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
£785
Based on a loan of £165,000 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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