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368-372 High Street, Smethwick, B66 3PD - Image 1
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368-372 High Street, Smethwick, B66 3PD - Image 3
368-372 High Street, Smethwick, B66 3PD - Image 4

368-372 High Street, Smethwick, B66 3PD

West Midlands

£450,000
Listed on 20/04/2026

Property Details

Bedrooms
N/A
Type
Residential Development

Description

This vacant freehold property, formerly utilized as an office space, presents a significant opportunity for transformation and redevelopment. Located in the West Midlands, the building comprises substantial accommodation spread across multiple floors with versatile layouts ideal for various commercial or residential uses, subject to obtaining necessary planning permissions. The premises includes several offices, meeting rooms, and essential amenities such as kitchens and restrooms. Furthermore, there is a large garage at the rear with additional upper floor potential that could enhance functionality or provide extra storage or workspace. Although modernisation is required throughout, this offers investors a chance to create a bespoke solution tailored to current market demands.

Investment Analysis

(B66 area)
Area Average
£222/sq ft
Avg Rent (weekly)
£225
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (B66)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +13.7%
5 year growth: +21.5%
Investment Disclaimer: Analysis based on B66 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

368-372 High Street, Smethwick, B66 3PD
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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
£1,594
Based on a loan of £337,500 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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