Nailers Close, Birmingham

West Midlands

£39,500

Listed on 22/05/2026

Property Details

Bedrooms

Type

Apartment

Description

This ground floor one-bedroom flat presents a solid investment opportunity for renovation enthusiasts. Currently requiring modernisation, the space comprises a lounge, separate kitchen, a double bedroom, and a bathroom—ideal for transforming into a buy-to-let rental. Located in a desirable residential area of the West Midlands, there's strong local demand for BTL properties alongside convenient access to amenities and transport links. With some thoughtful refurbishment, this flat could yield significant returns in today's property market. The upcoming auction offers a chance to secure this asset with potential upside.

Investment Analysis

(B32 area)

Area Average

£277/sq ft

Avg Rent (weekly)

£271

Avg Yield

5.4%

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

Average per month

Market Turnover

12%

Properties sold annually

Local Market Trend (B32)

Area prices are rising by +3.8% over the last 12 months

3 year growth: +8.0%

5 year growth: +24.8%

Investment Disclaimer: Analysis based on B32 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

Nailers Close, Birmingham

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£141

Based on a loan of £29,625 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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Buyer type *

I am a UK resident

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