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Springfield Avenue, Oldfield Road, Birmingham, West Midlands B12 - Image 1
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Springfield Avenue, Oldfield Road, Birmingham, West Midlands B12 - Image 3

Springfield Avenue, Oldfield Road, Birmingham, West Midlands B12

West Midlands

£150,000
Listed on 06/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This two-bedroom end-of-terrace property presents a promising opportunity for renovation and investment. While the home currently requires modernization, it features a well-structured layout that includes an entrance hall, a spacious lounge, and a distinct dining area leading into the kitchen. The property is equipped with double glazing and central heating throughout, enhancing its potential for comfortable living once updated. The exterior offers both a courtyard garden and a front garden, allowing for outdoor space that can be transformed to suit your vision. Located within easy reach of local amenities, this property not only promises convenience but also capitalizes on the growing demand in the area. For those looking to invest in real estate with renovation potential, this property stands out as an attractive project. Its no upward chain status simplifies the purchasing process, making it easier for buyers to secure and begin their upgrade plans promptly. It’s worth noting that the property is freehold, which may be advantageous for prospective investors seeking long-term rental options or future resale opportunities.

Investment Analysis

(B13 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£264
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£15,000 - £37,500
10-25% of property value
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (B13)

Area prices are rising by +6.2% over the last 12 months
3 year growth: 16.9%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on B13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Springfield Avenue, Oldfield Road, Birmingham, West Midlands B12
Map showing location of Springfield Avenue, Oldfield Road, Birmingham, West Midlands B12
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