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Illey Lane, Halesowen, B62

West Midlands

£1,150,000

Listed on 20/02/2026

Property Details

Bedrooms
3
Type
Farm

Description

This detached farmhouse, complete with several outbuildings, presents a unique opportunity for those looking to invest in a property with significant potential for enhancement. Set on approximately 3 acres of land within a tranquil semi-rural area of Halesowen, the property is accessed via an extended private drive, providing both privacy and appeal. The extensive grounds not only offer ample parking but also present various possibilities for development or conversion (subject to planning permissions). Given its current condition, buyers can explore options such as refurbishment or extension to realize their vision of a bespoke family residence or lifestyle property. Conveniently located near Halesowen and Birmingham, this farmhouse combines rural charm with accessibility to urban amenities, making it an attractive prospect for transformation into a desirable home.

Investment Analysis

(B62 area)
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B62)

Area prices are stable by +0.8% over the last 12 months
3 year growth: +0.2%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on B62 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

Illey Lane, Halesowen, B62
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£4,103
Based on a loan of £862,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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