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Cornel Close, BIRMINGHAM

West Midlands

£230,000

Listed on 14/07/2026

Property details

Bedrooms
3
Type
Semi Detached
Area
904 sqft

Description

This 3-bedroom property situated on a generous corner plot in Birmingham B37 offers a unique opportunity for those looking to invest or renovate. With its spacious layout featuring a comfortable reception room, a practical kitchen, and a family bathroom, this home is primed for updates and personal touches. The corner position not only enhances privacy but also opens up the potential for extensions, subject to planning permission (STPP). Ideally located near Chelmsley Wood's amenities and with excellent transport links, including proximity to Birmingham International Station and the M42 motorway, this property is suitable for families or investors seeking a well-connected area. Nearby parks provide recreational space for outdoor activities. This property presents significant renovation potential which could enhance its value considerably, making it an appealing option for first-time buyers or seasoned investors alike.

Investment analysis

(B37 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£254/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£278
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£240,645
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (B37)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +3.6%
5 year growth: +15.0%
Investment Disclaimer: Analysis based on B37 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

Cornel Close, BIRMINGHAM
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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
£869
Based on a loan of £172,500 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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