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242 Short Heath Road, Birmingham, Birmingham, B23 6JY - Image 1

242 Short Heath Road, Birmingham, Birmingham, B23 6JY

West Midlands

£180,000

Listed on 01/07/2026

Property details

Bedrooms
7
Type
Semi Detached
Area
1109 sqft

Description

This spacious seven-bedroom property presents a significant opportunity for renovation in the vibrant Stockland Green/Erdington area of North Birmingham. Currently configured as a two-storey semi-detached house with HMO potential, the ground floor features four bedrooms, two WCs, and an open-plan kitchen area. A staircase leads to the first floor, which includes three additional bedrooms and another WC. The property is in need of comprehensive refurbishment throughout, making it ideal for investors looking to create a profitable rental space or family home. The building occupies a convenient location close to local amenities and transport links, including Erdington railway station just one mile away, ensuring easy access to Birmingham city centre. With its expansive accommodation covering 1,112 sq.ft., this property offers ample scope for customization and value enhancement. Off-road parking and nearby green spaces further add to its appeal for potential tenants or future buyers.

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Investment analysis

(B23 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£162/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£245
Avg Yield
6.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£75,000 - £100,000
Target Value
£274,356
10% above area average per sq ft
Potential ROI
-2.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B23)

Area prices are rising by +2.3% over the last 12 months
3 year growth: +3.0%
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

242 Short Heath Road, Birmingham, Birmingham, B23 6JY
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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
£680
Based on a loan of £135,000 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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