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Goodrich Covert, Birmingham, West Midlands, B14

West Midlands

£155,000

Listed on 13/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1031 sqft

Description

This three-bedroom end-terrace property offers a rare investment opportunity in a sought-after location, presenting itself as a blank canvas for those looking to add value through renovation. Entering via the porch, you are greeted by a hallway that leads to practical ground-floor spaces. At the back, a spacious kitchen/dining area holds excellent potential for modernisation, making it an ideal spot for family gatherings and entertaining. The separate living room connects directly to a large garden, enhancing indoor-outdoor living possibilities. The expansive garden wraps around the property and provides ample space for landscaping, outdoor amenities, or potential extensions—subject to planning approval. On the upper floor, you'll find two generous double bedrooms, one with built-in storage, along with a single bedroom and a family bathroom. Given its generous layout and substantial outdoor space, this home presents exciting prospects for buyers keen on creating their dream residence. Early viewing is advisable to fully appreciate the renovation potential this property offers.

Investment Analysis

(B14 area)

Below Market Value

This property is priced -47.9% below area average per sq ft

-47.9%
Potential saving
This Property
£150/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£253
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£327,188
10% above area average per sq ft
Potential ROI
+67.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (B14)

Area prices are stable by -0.3% over the last 12 months
3 year growth: +0.6%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on B14 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

Goodrich Covert, Birmingham, West Midlands, B14
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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
£586
Based on a loan of £116,250 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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