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Rowan Way, Chelmsley Wood B37

West Midlands

£150,000
Listed on 09/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This property presents a promising opportunity for investors or DIY enthusiasts looking for a budget-friendly 3-bedroom home in the West Midlands. The entrance features a slabbed path leading to an enclosed porch, which opens into a welcoming hallway. From here, you'll find access to a lounge with ample natural light and a functional kitchen equipped with essential amenities and storage options, including an under-stairs pantry. A lean-to extension adds potential for further improvement, currently offering additional space connecting to the rear garden. The upper floor contains three bedrooms, providing versatile living arrangements. The bathroom and separate WC are functional yet may require modernisation to meet contemporary standards. The garden features fenced boundaries and various outdoor elements, ideal for those looking to create an appealing outdoor space. Overall, this house is in need of refurbishment but offers substantial potential for anyone looking to invest in enhancing its value.

Investment Analysis

(B37 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£268
Avg Yield
5.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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
20%
Properties sold annually

Local Market Trend (B37)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +2.0%
5 year growth: +17.9%
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

Rowan Way, Chelmsley Wood B37
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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
£535
Based on a loan of £112,500 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

Price History

-9.1% since listed
£150,000£15,000(-9.1%)
09/05/2026
Current price
£165,000Initial listing
24/04/2026

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