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Collett Close, Stourbridge

West Midlands

£145,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom residence is situated in a well-established neighborhood, making it an attractive option for those looking to invest or embark on a renovation project. With off-road parking and a private backyard, this property provides both convenience and potential for enhancement. The layout offers spacious living areas that can be tailored to fit modern lifestyles. The ground floor includes a generous living room with access to the garden, allowing for plenty of natural light. The kitchen, while functional, presents an opportunity for personalization with updates that could transform it into a contemporary cooking space. Conveniently located on this level is also a downstairs WC. Upstairs, you will find three bedrooms that vary in size but all offer good proportions, catering well to families or individuals needing extra room for home offices or guest accommodations. The bathroom includes essential fixtures and is ready for modernization to better suit personal tastes. The rear garden features a paved patio area leading to a manageable grassy section with a shed, providing opportunities for outdoor entertaining or gardening projects. While the home does require some updating, it stands as an excellent blank canvas with strong bones and plenty of potential. Its location in a desirable residential area further enhances its appeal, allowing for easy access to local amenities and transport links. Investors and buyers alike will appreciate the opportunity to put their own stamp on this property while benefiting from the inherent value of its sought-after surroundings. Don’t overlook the chance to create your ideal living space or investment opportunity in this promising area.

Investment Analysis

(DY8 area)
Area Average
£280/sq ft
Avg Rent (weekly)
£218
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (DY8)

Area prices are rising by +4.7% over the last 12 months
3 year growth: 6.7%
5 year growth: 29.7%
Investment Disclaimer: Analysis based on DY8 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

Collett Close, Stourbridge
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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
£531
Based on a loan of £108,750 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