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The Drive, BIRMINGHAM, West Midlands, B23

West Midlands

£300,000

Listed on 22/04/2026

Property Details

Bedrooms
6
Type
Semi Detached
Area
2608 sqft

Description

This expansive six-bedroom family residence, spread over three floors and complete with a basement, presents a unique opportunity for those looking to invest or renovate. The property boasts a prime location in Erdington, set back from the road along a private driveway, providing privacy while still being convenient to local amenities including shops, schools, and parks. Excellent public transport options are nearby, with bus stops and Gravelly Hill train station just a short walk away. The ground floor features an impressive entrance hallway that leads into a generous living/dining area, complemented by a spacious kitchen and utility room. There are also storage areas and a W/C incorporated within the outhouses. Moving to the first floor, you'll find three sizable bedrooms alongside a smaller fourth bedroom and the bathroom. The top floor accommodates two additional bedrooms with built-in storage. This property retains many original characteristics such as exquisite tiled flooring and distinctive fireplaces, which add charm but may require modernisation. The extensive plot includes an expansive rear garden that wraps around the side of the house, presenting significant landscaping or extension possibilities. The inclusion of off-road parking and direct access via a dropped kerb enhances its appeal. With no onward chain, this home is ready for new owners to realize its full potential through thoughtful enhancements and renovations.

Investment Analysis

(B23 area)

Below Market Value

This property is priced -48.9% below area average per sq ft

-48.9%
Potential saving
This Property
£115/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£645,623
10% above area average per sq ft
Potential ROI
+79.3%
After renovation
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

The Drive, BIRMINGHAM, West Midlands, B23
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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
£1,070
Based on a loan of £225,000 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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