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Cedar Park Road, Redditch, B97

West Midlands

£229,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1033 sqft

Description

This three-bedroom family home presents a promising opportunity for renovation and investment, located in a tranquil cul-de-sac within a well-regarded residential neighborhood. The property is being offered with no onward chain, making it easier for prospective buyers to envision their plans without delay. Set on a generous plot, the house features ample outdoor space, including established gardens that can be revitalized and customized to suit modern tastes. An adjoining garage adds to the practicality of the property, while off-road parking ensures convenience for residents and guests alike. The layout comprises a welcoming hallway leading into a spacious living and dining room, which offers flexibility for reconfiguration to enhance both functionality and aesthetics. The kitchen, though in need of some updating, presents an excellent canvas for creating a contemporary culinary space. Additionally, the property includes three well-sized bedrooms and a family bathroom, providing essential living accommodations that can be tailored through renovation efforts. In terms of location, this home benefits from efficient transport links, making commuting straightforward. It is also within reach of desirable schools and local amenities, as well as being just a short walk from both the town center and surrounding green spaces. These factors contribute to its appeal not only for first-time buyers but also for investors looking to maximize rental potential or resale value. Overall, this property stands out as an opportunity ripe for transformation and could become an exceptional family home or an attractive investment with careful planning and renovations.

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)
£233
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£328,050
10% above area average per sq ft
Potential ROI
+22.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (B97)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 4.7%
5 year growth: 14.5%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£839
Based on a loan of £171,750 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE