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78 Gravelly Hill, Birmingham B23 - Image 1
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78 Gravelly Hill, Birmingham B23

West Midlands

£182,000
Listed on 24/02/2026

Property Details

Bedrooms
4
Type
Terraced

Description

This freehold mid-terraced property spans three stories and has been divided into two self-contained flats, presenting a unique opportunity for investors or renovators. The layout allows for the potential to revert to a single-family home, pending necessary planning approvals. The ground floor comprises a communal hall leading to the first flat, which includes a reception room, kitchen, two bedrooms, and a bathroom. On the first floor, you will find a duplex arrangement featuring another reception room, kitchen, and bathroom along with two additional bedrooms on the third floor. Currently in need of modernization, this property already benefits from central heating, fire safety features like emergency lighting and fire doors, as well as double glazing. The presence of a driveway and garden enhances its appeal further for future renovations or developments.

Investment Analysis

(B23 area)
Area Average
£226/sq ft
Avg Rent (weekly)
£226
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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

78 Gravelly Hill, 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
£645
Based on a loan of £136,500 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.

Price History

+10.3% since listed
£182,000+£17,000(+10.3%)
28/03/2026
Current price
£165,000Initial listing
23/02/2026

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