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Londonderry Grove, Smethwick, West Midlands B67 - Image 1
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Londonderry Grove, Smethwick, West Midlands B67

West Midlands

£240,000
Listed on 11/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1054 sqft

Description

This traditional semi-detached family home presents a promising opportunity for renovation and investment. Featuring two bedrooms and two reception rooms, the property retains significant character that can be enhanced with modern touches. The layout includes a welcoming porch, an extensive hallway, and a spacious lounge with a charming bay window. The dining room boasts French doors opening to the garden, providing great potential for indoor-outdoor living. A generously sized fitted kitchen completes the ground floor, along with a convenient family bathroom equipped with a shower. The first floor is comprised of two double bedrooms, both featuring bay windows that allow natural light to flood the space. Outside, you'll find an expansive rear garden that includes a paved patio area surrounded by trees and shrubs—ideal for creating an outdoor retreat or entertaining space. The property also benefits from a large garage and driveway at the front, ensuring ample parking. Situated in a desirable part of Smethwick, this home is close to local transport links, schools within excellent catchment areas, and green spaces like Smethwick Hall Park and Harry Mitchell Park. With some modernisation efforts, this house can truly shine as a family residence with strong investment potential.

Investment Analysis

(B67 area)

Below Market Value

This property is priced -9.4% below area average per sq ft

-9.4%
Potential saving
This Property
£228/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£254
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£291,531
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (B67)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 8.7%
5 year growth: 29.2%
Investment Disclaimer: Analysis based on B67 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

Londonderry Grove, Smethwick, West Midlands B67
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE