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Hole Lane, Northfield, Birmingham, B31 - Image 1
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Hole Lane, Northfield, Birmingham, B31

West Midlands

£485,000

Listed on 12/07/2026

Property details

Bedrooms
2
Type
Bungalow
Area
1325 sqft

Description

This detached bungalow presents an excellent investment opportunity, set on a generous plot with the potential for modernization and further development, subject to appropriate planning permissions. The property features two double bedrooms and two reception rooms, creating ample space for family living or a rental investment. A welcoming front porch leads into a hallway that connects to the main living areas, including a bright lounge with a bay window and an electric fireplace. The dining room opens into a galley kitchen, which includes essential storage options and access to the conservatory that overlooks a sizable south-facing garden adorned with mature shrubs and trees, providing privacy. With no onward chain, this property is ready for a new owner to realize its full potential.

Investment analysis

(B31 area)

Above Market Value

This property is priced +27.1% above area average per sq ft

+27.1%
This Property
£366/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£242
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£419,687
10% above area average per sq ft
Potential ROI
-21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
49
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -2.1% over the last 12 months
3 year growth: +4.8%
5 year growth: +21.1%
Investment Disclaimer: Analysis based on B31 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

Hole Lane, Northfield, Birmingham, B31
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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
£1,832
Based on a loan of £363,750 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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