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Oakwood Road, Hollywood, Birmingham B47

West Midlands

£425,000
Listed on 09/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
1647 sqft

Description

This four-bedroom detached home on a desirable stretch of Oakwood Road in Hollywood presents a unique opportunity for those looking to invest in a property with significant renovation potential. Nestled in a family-friendly neighbourhood, this house benefits from a robust sense of community and is surrounded by essential amenities, including quality schools, local shops, and pleasant parks. The excellent transport links make commuting to Birmingham City Centre and surrounding areas straightforward, enhancing its appeal for both families and professionals. The residence itself boasts a solid structural foundation but is in need of modernisation. Its spacious layout features multiple reception rooms that can be reconfigured to suit different lifestyles—perfect for creating an open-plan living space or dedicated work-from-home areas. The kitchen offers ample room for renovation; expanding into adjacent spaces could create the contemporary feel many buyers desire. Upstairs, four generously sized bedrooms provide ample accommodation for families, with possibilities for reconfiguration or the addition of en-suite facilities to meet current housing trends. The sizable outdoor area also holds promise, with potential for extensions (subject to planning permission) that would greatly increase both living space and property value. A shed equipped with mains electricity adds versatility, allowing homeowners to tailor the space as needed—be it as a gym, office, or creative studio. This home is offered chain-free and includes the possibility of negotiating certain furniture pieces to facilitate a smoother transition. Overall, this property presents an exciting canvas for those looking to craft their ideal family home while benefiting from its prime location.

Investment Analysis

(B47 area)

Below Market Value

This property is priced -26.1% below area average per sq ft

-26.1%
Potential saving
This Property
£258/sq ft
Area Average
£349/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£632,193
10% above area average per sq ft
Potential ROI
+26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (B47)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -0.6%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on B47 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

Oakwood Road, Hollywood, Birmingham B47
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,516
Based on a loan of £318,750 over 30 years at 3.97% 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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