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Morjon Drive, Birmingham, West Midlands, B43 6JH

West Midlands

£295,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
5
Type
Detached

Description

This spacious five-bedroom detached property offers a remarkable opportunity for investors and renovators looking to create value. While it currently requires comprehensive renovation throughout, this residence presents an excellent canvas for transformation into a desirable family home or an investment property. The layout includes two sizable reception rooms, a kitchen, a downstairs WC, and a valuable storage cupboard on the ground floor. On the first level, you will find four generous bedrooms along with a family bathroom, all of which hold potential for modernisation to meet current market expectations. Externally, the property boasts two garages, one of which is in considerable disrepair due to a missing roof. Given its overall poor condition, this house is best suited for cash buyers or seasoned developers seeking a project that allows extensive renovations. Rarely do properties of this magnitude come to market with such promising potential for value addition. Whether your objective is to renovate for resale, establish a long-term rental investment, or craft your ideal family residence, this opportunity should not be overlooked. Viewing is strongly recommended to fully grasp the size or layout and appreciate the exciting possibilities 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
£80,000 - £120,000
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 6JH
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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
£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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