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Rodney Close, Birmingham, West Midlands B16 - Image 1
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Rodney Close, Birmingham, West Midlands B16

West Midlands

£240,000
Listed on 23/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
581 sqft

Description

This four-bedroom mid-terraced house presents a solid opportunity for those looking to invest in a property with renovation potential. Nestled in a well-connected area of West Midlands, this home features an entrance hall leading to a utility/storage space with WC, a generously sized lounge, a separate dining room, and a breakfast kitchen on the ground floor. The upper level accommodates four spacious bedrooms alongside a family bathroom. Outside, the property boasts both a private rear garden and a front garden, offering additional outdoor space. With no upward chain and positioned within close proximity to Five Ways Train Station and Birmingham City Centre, this residence is primed for modernization or personal customization. Given that it is part of an ongoing regeneration scheme, there’s further potential for value appreciation. Ideal for buyers who wish to put their own mark on their living space.

Investment Analysis

(B16 area)

Above Market Value

This property is priced +61.0% above area average per sq ft

+61.0%
This Property
£413/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£239
Avg Yield
5.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£164,025
10% above area average per sq ft
Potential ROI
-41.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (B16)

Area prices are rising by +6.4% over the last 12 months
3 year growth: +20.0%
5 year growth: +12.7%
Investment Disclaimer: Analysis based on B16 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

Rodney Close, Birmingham, West Midlands B16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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.

Price History

-4.2% since listed
£230,000£10,000(-4.2%)
10/09/2025
Current price
£240,000Initial listing
29/06/2025

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