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Morjon Drive, Birmingham, West Midlands, B43

West Midlands

£295,000Guide Price

Listed on 01/07/2026

Property details

Bedrooms
4
Type
Detached

Description

This substantial four-bedroom detached house presents a unique investment opportunity for those with a vision for renovation. Situated in a promising location, the property requires extensive refurbishment, making it an ideal project for developers or seasoned investors. The layout includes two spacious reception rooms, a kitchen, and a downstairs WC on the ground floor, alongside four well-sized bedrooms and a family bathroom upstairs. While the interiors are in need of complete modernisation, this offers you the chance to reimagine the space according to current market trends. The exterior features two garages, one of which is in disrepair due to a missing roof. This property is an excellent canvas for creating either a desirable family home or a lucrative rental investment, considering its size and scope for improvement. It is especially suited to cash buyers who can navigate the necessary renovations. Such properties rarely become available with such potential to add value in today's market. Viewings are encouraged to fully grasp the dimensions and exciting opportunities this property holds.

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Investment analysis

(B43 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£282
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (B43)

Area prices are stable by +0.7% over the last 12 months
3 year growth: +1.9%
5 year growth: +22.3%
Investment Disclaimer: Analysis based on B43 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

Morjon Drive, Birmingham, West Midlands, B43
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Mortgage calculator

£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,114
Based on a loan of £221,250 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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