Worst House on the Street Logo
Johnson Road, Birmingham, West Midlands, B23 - Image 1
Johnson Road, Birmingham, West Midlands, B23 - Image 2
Johnson Road, Birmingham, West Midlands, B23 - Image 3
Johnson Road, Birmingham, West Midlands, B23 - Image 4
Johnson Road, Birmingham, West Midlands, B23 - Image 5
Johnson Road, Birmingham, West Midlands, B23 - Image 6
Johnson Road, Birmingham, West Midlands, B23 - Image 7
Johnson Road, Birmingham, West Midlands, B23 - Image 8
Johnson Road, Birmingham, West Midlands, B23 - Image 9
Johnson Road, Birmingham, West Midlands, B23 - Image 10

Johnson Road, Birmingham, West Midlands, B23

West Midlands

£60,000

Listed on 19/07/2026

Property details

Bedrooms
1
Type
Flat
Area
424 sqft

Description

This one-bedroom ground floor flat presents a prime opportunity for those interested in property renovation or investment. The flat is offered with no upward chain and requires comprehensive modernisation, making it an ideal project for investors and developers looking to enhance its value. The space currently includes an entrance hall, fitted kitchen, dining area, separate living room, double bedroom, and bathroom, all of which can be transformed into a stylish residence. Notably, the layout holds potential for conversion into two bedrooms if desired. One of the key advantages of this property is the private rear garden, providing outdoor space that is often hard to come by in similar flats. Additionally, being situated on the ground floor allows for easy access. Located within a well-established residential area, you will benefit from proximity to local amenities and transport links. With a long lease of 961 years and minimal costs including no service charge and only £75 per annum ground rent, we encourage prospective buyers to view this property to fully appreciate its potential.

Investment analysis

(B23 area)

Below Market Value

This property is priced -37.1% below area average per sq ft

-37.1%
Potential saving
This Property
£142/sq ft
Area Average
£225/sq ft
Avg Rent (weekly)
£245
Avg Yield
6.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£104,893
10% above area average per sq ft
Potential ROI
+23.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Johnson Road, Birmingham, West Midlands, B23
Loading map...

Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£227
Based on a loan of £45,000 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates