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Hill Crest Avenue, Cliviger

West Midlands

£199,950

Listed on 15/07/2025

Property details

Bedrooms
3
Type
Detached Bungalow
Area
1255 sqft

Description

This three-bedroom bungalow presents an excellent chance for those looking to invest in a property with significant potential for modernisation. Located in a desirable area, the home offers a blank canvas ready for personalisation, allowing you to design the space to your liking. The layout includes a welcoming entrance and hallway, two spacious double bedrooms, and an additional single room, providing ample accommodation. The lounge area opens up into a large conservatory, while the kitchen is equipped with fitted units and a built-in oven, leading to a dining space. A family bathroom with essential fittings completes the interior. There’s also notable potential for expansion with a sizeable loft that could be converted into further living space. Externally, the property features a front lawn and private off-road parking. The rear garden is generously sized, complemented by a patio area suitable for outdoor leisure, storage sheds, and a single garage. This property is ideal for buyers keen on renovation projects or those wishing to create their dream home in an attractive location.

Investment analysis

(BB10 area)

Below Market Value

This property is priced -9.2% below area average per sq ft

-9.2%
Potential saving
This Property
£159/sq ft
Area Average
£175/sq ft
Avg Rent (weekly)
£154
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£242,209
10% above area average per sq ft
Potential ROI
-3.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (BB10)

Area prices are stable by -2.0% over the last 12 months
3 year growth: +16.3%
5 year growth: +29.8%
Investment Disclaimer: Analysis based on BB10 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

Hill Crest Avenue, Cliviger
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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
£755
Based on a loan of £149,962 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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