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Tedbury Crescent, Birmingham, West Midlands B23 - Image 1
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Tedbury Crescent, Birmingham, West Midlands B23

West Midlands

£199,000
Listed on 27/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
733 sqft

Description

This traditional end-terraced home presents a remarkable opportunity for renovation and investment in the sought-after area of Erdington. Ideally situated within reach of local shops and reputable schools, the property boasts excellent transport links, including frequent bus services and nearby train stations that facilitate easy access to Birmingham city center. Internally, the layout offers ample space, featuring an entrance hallway leading to a generous living room designed for both family gatherings and entertaining. The fitted kitchen provides plenty of storage and workspace, complemented by a ground-floor bathroom. Upstairs, there are three well-sized bedrooms, including a spacious master bedroom that allows for flexibility to cater to family needs or create additional living spaces. The exterior includes a front garden and a substantial rear garden, providing an excellent canvas for outdoor activities or potential landscaping projects. Notably, there is also potential for future expansion to the rear (subject to planning permission), making this property an outstanding long-term investment with significant upside. Other conveniences such as gas central heating and double glazing (where specified) further enhance its appeal as a project suitable for both investors and families alike.

Investment Analysis

(B23 area)

Above Market Value

This property is priced +18.7% above area average per sq ft

+18.7%
This Property
£271/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£222
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£184,360
10% above area average per sq ft
Potential ROI
-21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.8% over the last 12 months
3 year growth: +3.3%
5 year growth: +23.6%
Investment Disclaimer: Analysis based on B23 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

Tedbury Crescent, Birmingham, West Midlands B23
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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
£718
Based on a loan of £149,250 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.

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