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Doreen Grove, Birmingham, B24

West Midlands

£200,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
940 sqft

Description

This three-bedroom residence presents a unique opportunity for buyers looking to invest in a property with considerable potential for renovation and value enhancement. Located in the desirable West Midlands, the home features spacious living areas, making it suitable for families or investors seeking a project. The ground floor consists of a welcoming living room, an equipped kitchen, and a family bathroom, while the upper level offers three generously sized bedrooms that can effortlessly adapt to the needs of modern living, whether that be as additional family space or home offices. Although some modernization and improvement work is needed, this property is an ideal canvas for those eager to personalize their space and elevate its appeal. Its advantageous location paired with the possibility of bespoke upgrades makes it an attractive consideration for first-time buyers and seasoned investors alike.

Investment Analysis

(B24 area)

Below Market Value

This property is priced -17.1% below area average per sq ft

-17.1%
Potential saving
This Property
£213/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£223
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£265,531
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B24)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +9.7%
5 year growth: +22.0%
Investment Disclaimer: Analysis based on B24 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

Doreen Grove, Birmingham, B24
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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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