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Powick Road, Birmingham B23

West Midlands

£230,000
Listed on 06/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
899 sqft

Description

This traditional three-bedroom terraced house is situated on a quiet and established road in Erdington, making it a solid choice for first-time buyers or investors. The property features spacious interiors and a lengthy rear garden, providing ample opportunities for enhancement and reconfiguration. The ground floor boasts a full-length lounge/diner that offers adaptable living and dining spaces, enhanced by a charming bay window at the front. At the back, an extended kitchen delivers both practicality and generous storage options with convenient access to the outdoor area. Upstairs, the layout includes two sizeable double bedrooms and a third single room which can serve various functions such as a child's bedroom, study, or dressing space. The bathroom is efficiently located off the landing for easy access from all rooms. Although the home is currently livable, it presents significant potential for modernization or expansion, making it ideal for those looking to invest in property value over time. Additionally, the extensive rear garden adds further scope for outdoor improvements or extensions.

Investment Analysis

(B23 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£256/sq ft
Area Average
£226/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£223,244
10% above area average per sq ft
Potential ROI
-14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (B23)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +1.8%
5 year growth: +21.3%
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

Powick Road, Birmingham B23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£815
Based on a loan of £172,500 over 30 years at 3.91% 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.

Stamp Duty Calculator

Price History

-4.2% since listed
£230,000£10,000(-4.2%)
21/03/2026
Current price
£240,000Initial listing
27/12/2025

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