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Lilley Lane, Birmingham, West Midlands B31 - Image 1
Lilley Lane, Birmingham, West Midlands B31 - Image 2
Lilley Lane, Birmingham, West Midlands B31 - Image 3

Lilley Lane, Birmingham, West Midlands B31

West Midlands

£250,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
430 sqft

Description

This traditional three-bedroom semi-detached home presents significant renovation and expansion opportunities, particularly suitable for families looking to grow. The property includes two spacious reception rooms, with the rear room featuring patio doors that lead out to a decked area, ideal for social gatherings. Beyond this outdoor space lies a well-maintained garden and a convenient hard-standing area for off-road parking accessible from the back of the house. Inside, the kitchen is tidy and functional, designed for everyday cooking convenience. Upstairs, you will find two generous double bedrooms alongside a single bedroom and a family bathroom equipped with both a bath and shower cubicle. Situated in a sought-after location near local amenities, reputable schools, shopping facilities, and transport links, this home combines character with great potential for enhancement.

Investment Analysis

(B31 area)

Above Market Value

This property is priced +109.2% above area average per sq ft

+109.2%
This Property
£581/sq ft
Area Average
£278/sq ft
Avg Rent (weekly)
£250
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£131,470
10% above area average per sq ft
Potential ROI
-53.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -2.5% over the last 12 months
3 year growth: +4.4%
5 year growth: +25.8%
Investment Disclaimer: Analysis based on B31 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

Lilley Lane, Birmingham, West Midlands B31
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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
£902
Based on a loan of £187,500 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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