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Park Lane West, TIPTON

West Midlands

£240,000
Listed on 20/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached home, featuring three bedrooms, presents an excellent opportunity for renovation and investment. Conveniently situated in Tipton, the property enjoys proximity to local amenities and transport links, making it a practical choice for families and commuters alike. The ground floor is designed with functionality in mind, offering two spacious reception rooms that can be adapted to suit individual needs. The fitted kitchen provides a solid foundation for updates, with existing storage room that includes plumbing for utilities—a valuable asset for modern living. Additionally, the presence of a downstairs WC adds to the convenience of this layout. On the first floor, you'll find three well-sized bedrooms, each with potential for personal styling or expansion. The family bathroom is equipped with essential features, including a bath with a shower overhead. Occupying a generous plot, this property not only offers ample off-road parking at the front but also provides significant scope for extension subject to planning permission. The rear garden is turfed and accessible from both the storage area and side pathway, allowing for outdoor enhancement or landscaping projects. This residence is offered with no upward chain, providing a straightforward path toward ownership. With its combination of solid foundations and areas ripe for modernization or expansion, this property represents an attractive investment opportunity in an evolving neighborhood.

Investment Analysis

(DY4 area)
Area Average
£232/sq ft
Avg Rent (weekly)
£223
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£7,500 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DY4)

Area prices are rising by +3.8% over the last 12 months
3 year growth: 20.0%
5 year growth: 38.0%
Investment Disclaimer: Analysis based on DY4 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

Park Lane West, TIPTON
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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
£879
Based on a loan of £180,000 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