Ryde Grove, Birmingham
West Midlands
£240,000
Listed on 21/10/2026
Listed on 21/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
829 sqftFeatures
- Garden
- Parking
Description
This two-bedroom terraced house has a living room and kitchen on the ground floor, with two bedrooms and a family bathroom upstairs. The layout provides a starting point for a buyer looking to update the interiors over time.
Outside, the rear garden includes paved seating areas and a lawn. A front driveway is stated to provide parking for up to four vehicles. The property is in an established residential area of Birmingham, and the listing describes scope for improvement. Council Tax Band A; EPC rating to be confirmed.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
43out of 100
Grade ELow opportunity
Confidence: MEDIUM
This is a light, manageable project with useful features already in place: a fitted kitchen and intact-looking bathroom, a rear garden with both lawn and paved seating, and a driveway described as having space for up to four cars. The visible work is mainly personalising dated finishes, replacing worn flooring and tidying the garden, giving a buyer scope to make the home their own without an obvious major repair showing in the photos.
The price is the sticking point. At £240,000, the asking price is about 12% above the local average per square foot, and adding the £5,000–£12,000 refurb range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is with current local average value, not a forecast of what the property would be worth after renovation, so the project’s appeal depends on whether the asking price can be justified or improved.
Key opportunities
- Refresh the dated living-room finishes and replace worn flooring to give the usable interior a more cohesive feel.
- Make practical improvements to the kitchen floor and the visible damaged or unfinished wall patch.
- Build on the usable rear garden’s mix of lawn and paved seating, while making the most of the driveway parking.
Key risks
- At the asking price, adding the £5,000–£12,000 refurb range puts purchase-plus-works costs above the local average-value benchmark for this floor area; this is not a post-renovation valuation.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£907
Based on a loan of £180,000 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.
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