
Sign InSign Up



West Midlands
£630,000
Listed on 10/09/2026
Listed on 10/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
This former day centre in Balsall Common presents a unique development opportunity with planning permission already granted for a scheme of attractive bungalows. While the asking price of £630,000 seems high compared to the local average sale price of £407,948, the potential for redevelopment into desirable single-storey homes in a sought-after location adds considerable value. This property can appeal to developers looking for a clear path to market, given the strong demand for quality bungalow accommodation in the area.
The approved plans promise well-designed homes that cater to downsizers and retirees, which could yield significant returns upon completion. The location itself is a key selling point, with excellent local amenities and transport links, making this an attractive proposition for investment despite the high asking price. The light project scale allows for a manageable renovation journey, making this a worthwhile consideration for those seeking to tap into the local property market.
Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.
Sign up freeAlready have an account? Sign in
Create an alert and we'll notify you when similar renovation opportunities are listed.
Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
Services
Explore services to help you with this property purchase.
Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.
Nearby
Other listings you may want to compare.