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Fairfield Road, Bournheath, B61 - Image 1
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Fairfield Road, Bournheath, B61

West Midlands

£395,000
Listed on 30/01/2026

Property Details

Bedrooms
2
Type
Detached house
Area
884 sqft

Description

This two-bedroom traditional cottage presents a unique opportunity for those seeking a renovation project in the desirable village of Bournheath, Bromsgrove. Set on approximately 0.40 acres, this property offers significant potential for both extension and residential development, pending necessary planning approvals. With no onward chain, the home features a classic layout with a hallway connecting a versatile lounge and a separate sitting room, as well as a kitchen, bathroom with separate WC, and a conservatory/utility room that opens up to the considerable garden space. The first floor comprises a spacious master bedroom and an additional double bedroom, each showcasing original feature fireplaces that add to the property's character. The exterior boasts an established garden with mature trees and shrubs, plus amenities like outdoor storage and stables, alongside access to a garage. The location benefits from tranquil village life while still being close to amenities in Bromsgrove, with convenient links to major transport routes such as the M5 and M42 for easy access to Birmingham and Worcester. It is important to note that the property has experienced subsidence in the past; thus it is suited for cash buyers only.

Investment Analysis

(B61 area)

Above Market Value

This property is priced +46.8% above area average per sq ft

+46.8%
This Property
£447/sq ft
Area Average
£304/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£295,901
10% above area average per sq ft
Potential ROI
-39.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
79%
Properties sold annually

Local Market Trend (B61)

Area prices are rising by +2.5% over the last 12 months
3 year growth: +2.6%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on B61 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

Fairfield Road, Bournheath, B61
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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
£1,425
Based on a loan of £296,250 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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