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Schofield Avenue, West Bromwich, West Midlands B71 - Image 1
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Schofield Avenue, West Bromwich, West Midlands B71

West Midlands

£180,000

Listed on 08/07/2026

Property details

Bedrooms
3
Type
Semi Detached

Description

This three-bedroom family home is located on a peaceful street in West Bromwich, creating a potential opportunity for those looking to invest or modernise. The property features a welcoming hallway, two spacious reception rooms, and a kitchen with ample storage options. Upstairs, you will find three bedrooms, along with a shower room and separate WC. Although the home requires some updating, its structure and layout provide an excellent canvas for renovation. With double glazing throughout and a rear garden, this residence could be transformed into an ideal family dwelling. The property is offered with vacant possession, allowing for immediate plans to be set in motion.

Investment analysis

(B71 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (B71)

Area prices are stable by -1.3% over the last 12 months
3 year growth: -0.4%
5 year growth: +29.2%
Investment Disclaimer: Analysis based on B71 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

Schofield Avenue, West Bromwich, West Midlands B71
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 over 30 years at 4.45% 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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