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Grosvenor Avenue, Birmingham B20

West Midlands

£225,000

Listed on 01/07/2026

Property details

Bedrooms
2
Type
Detached house
Area
1163 sqft

Description

This three-bedroom terraced property in Handsworth, Birmingham, presents a significant investment opportunity for those looking to undertake a comprehensive renovation project. The home requires full modernisation throughout, offering ample scope for refurbishment and the potential to increase its value. Investors, builders, and developers will find this property particularly appealing as it allows for creativity in redesigning the space to meet modern standards. The layout includes two spacious reception rooms, a kitchen that requires updating, a ground floor bathroom, and three first-floor bedrooms along with an additional bathroom. Each of these areas can be reconfigured or extended (subject to necessary permissions), providing flexibility in how the final living space is tailored. Natural light fills the main reception area, creating an inviting atmosphere with great potential for family living. The versatile second reception room can serve various functions from dining to additional living spaces. The property's rear garden adds further appeal as an outdoor area that could be enhanced. Overall, this property stands out as a fantastic canvas for transformation into a modern home or rental investment.

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Investment analysis

(B20 area)

Below Market Value

This property is priced -15.4% below area average per sq ft

-15.4%
Potential saving
This Property
£193/sq ft
Area Average
£229/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£292,448
10% above area average per sq ft
Potential ROI
-4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B20)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -4.2%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on B20 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

Grosvenor Avenue, Birmingham B20
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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
£850
Based on a loan of £168,750 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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