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Furlong Meadow, Northfield, Birmingham B31 - Image 1
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Furlong Meadow, Northfield, Birmingham B31 - Image 3

Furlong Meadow, Northfield, Birmingham B31

West Midlands

£249,000
Listed on 13/04/2026

Property Details

Bedrooms
3
Type
Link Detached
Area
961 sqft

Description

This three-bedroom linked detached property situated in the established Northfield area presents a fantastic opportunity for those looking to invest in renovation. The home is being sold with no upward chain and requires modernisation throughout, making it an ideal canvas for buyers eager to add value and tailor the space to their preferences. An EPC rating of D indicates there may be opportunities for energy efficiency improvements as part of the refurbishment. The property's layout features a canopy porch leading into a welcoming hallway, a spacious lounge with a bay window, and a kitchen/diner equipped for practical living, including plumbing for washing machines and dishwashers. Patio doors open onto the rear garden, which includes a paved patio area and a lawned section enclosed by fencing. Upstairs, you’ll find three bedrooms and a family bathroom needing updating. Additional outside features include a single garage and driveway space, adding convenience to this promising investment. Located close to local amenities, schools, and transport links while being part of a vibrant community enhances its appeal as a renovation project.

Investment Analysis

(B31 area)

Below Market Value

This property is priced -8.5% below area average per sq ft

-8.5%
Potential saving
This Property
£259/sq ft
Area Average
£283/sq ft
Avg Rent (weekly)
£256
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£299,476
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
52
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (B31)

Area prices are falling by -5.4% over the last 12 months
3 year growth: +2.0%
5 year growth: +21.9%
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

Furlong Meadow, Northfield, Birmingham B31
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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
£882
Based on a loan of £186,750 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

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