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Cedar Park Road, Redditch, B97

West Midlands

£229,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This three-bedroom family residence, located in a tranquil cul-de-sac in Redditch, presents a promising opportunity for renovation and investment. With no onward chain, this property occupies a spacious plot and is equipped with an adjoining garage and off-road parking, ensuring convenience for future enhancements. While the interior spaces, including a living/dining area, kitchen, family bathroom, and well-sized bedrooms, are currently functional, they could significantly benefit from updates to improve both aesthetics and efficiency. The expansive back garden provides ample outdoor space that can be revitalized into an attractive landscape or recreational area. Ideal for first-time buyers or property developers looking to capitalize on the desirable location with easy access to transport links and local amenities.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£222/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£327,993
10% above area average per sq ft
Potential ROI
+29.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (B97)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +6.8%
5 year growth: +15.3%
Investment Disclaimer: Analysis based on B97 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

Cedar Park Road, Redditch, B97
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£826
Based on a loan of £171,750 over 30 years at 4.06% 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.

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