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Lyecroft Avenue, Chelmsley Wood, Birmingham B37 - Image 1
Lyecroft Avenue, Chelmsley Wood, Birmingham B37 - Image 2
Lyecroft Avenue, Chelmsley Wood, Birmingham B37 - Image 3

Lyecroft Avenue, Chelmsley Wood, Birmingham B37

West Midlands

£90,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
783 sqft

Description

This two-bedroom coach house apartment, located in the conveniently positioned Chelmsley Wood area of Solihull, presents a promising opportunity for renovation. While the property is equipped with gas central heating and double-glazed windows, it requires modernisation to fully realise its potential. Accessed via a communal entrance shared with just one other property, this home offers a spacious layout that includes a generous lounge/diner and a rear kitchen with sufficient space for essential appliances. Both double bedrooms feature built-in wardrobe space, with ample storage options available in the hallway and loft. The standout feature of this property is its mature garden, providing a rare outdoor retreat for an apartment setting. Perfectly situated near the M6 and M42 motorways, this location ensures easy commuting into Birmingham and surrounding areas. With 86 years remaining on the leasehold, this property offers significant investment potential for buyers willing to undertake refurbishment work to enhance its appeal.

Investment Analysis

(B37 area)

Below Market Value

This property is priced -52.9% below area average per sq ft

-52.9%
Potential saving
This Property
£115/sq ft
Area Average
£244/sq ft
Avg Rent (weekly)
£255
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £20,000
Target Value
£210,200
10% above area average per sq ft
Potential ROI
+91.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
27%
Properties sold annually

Local Market Trend (B37)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 4.9%
5 year growth: 23.6%
Investment Disclaimer: Analysis based on B37 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

Lyecroft Avenue, Chelmsley Wood, Birmingham B37
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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
£330
Based on a loan of £67,500 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