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Monksfield Avenue, Great Barr, Birmingham, B43 - Image 1
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 2
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 3
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 4
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 5
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 6
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 7
Monksfield Avenue, Great Barr, Birmingham, B43 - Image 8

Monksfield Avenue, Great Barr, Birmingham, B43

West Midlands

£95,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Flat
Area
724 sqft

Description

This self-contained ground floor flat presents a valuable opportunity for investors or those looking to undertake a renovation project. Strategically located approximately 400 meters from Newton Road and within easy reach of local amenities, the property is in need of various updates but holds the potential for significant transformation. With a short lease term remaining, financing options may be limited, making it ideal for cash buyers seeking an investment with future potential. The layout includes an 'L' shaped lounge/dining area, two bedrooms, a compact kitchen, and a part-tiled bathroom. Additionally, the property features communal lawned grounds with views over Red House Park and offers access to a garage. Given its location and the opportunity for refurbishment, this flat could become a desirable residence once modernised.

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Investment analysis

(B43 area)

Below Market Value

This property is priced -51.6% below area average per sq ft

-51.6%
Potential saving
This Property
£131/sq ft
Area Average
£271/sq ft
Avg Rent (weekly)
£282
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£215,705
10% above area average per sq ft
Potential ROI
+79.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Monksfield Avenue, Great Barr, Birmingham, B43
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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
£359
Based on a loan of £71,250 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

Next Steps

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