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Parkhill Road, Smethwick, West Midlands, B67 6AS - Image 1
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Parkhill Road, Smethwick, West Midlands, B67 6AS

West Midlands

£110,000

Listed on 29/06/2026

Property details

Bedrooms
3
Type
Terraced

Description

This two to three-bedroom terraced property in Bearwood presents a compelling opportunity for investors and developers. Located on the bustling Birmingham-Sandwell border, this partially renovated home features a recently installed modern kitchen but requires additional cosmetic updates to maximize its rental yield and market value. This house acts as a blank canvas, ideal for those looking to add value through refurbishment. With immediate contract exchange and vacant possession, there are no chain delays, allowing swift progress for interested buyers. The property boasts two reception rooms on the ground floor, providing versatile living spaces. A newly fitted kitchen leads to a convenient downstairs shower room. The first floor comprises two spacious double bedrooms, while an attic room serves as a potential third bedroom or home office, complete with Velux windows and useful loft storage. Set within a highly desirable area that enjoys strong demand from renters and buyers alike, this property benefits from proximity to excellent transport links into Birmingham city centre and local amenities on Bearwood High Street. It is also situated within the catchment area of reputable schools, ensuring consistent interest in the resale market. This investment not only promises potential but also offers the right buyer the ability to create their ideal living space or rental property.

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Investment analysis

(B67 area)
Area Average
£248/sq ft
Avg Rent (weekly)
£266
Avg Yield
5.6%

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
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (B67)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +3.0%
5 year growth: +22.4%
Investment Disclaimer: Analysis based on B67 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

Parkhill Road, Smethwick, West Midlands, B67 6AS
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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
£416
Based on a loan of £82,500 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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