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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, accompanied by several outbuildings, sits on approximately 3 acres of land in a tranquil semi-rural area of Halesowen. Located at the end of a long private driveway, this property presents a unique opportunity for buyers to develop their vision for a family residence or lifestyle retreat. There is ample potential for refurbishment, expansion, or even redevelopment, depending on obtaining the necessary planning permissions. The extensive grounds include various outbuildings that could serve multiple functions, from residential to agricultural or leisure uses. The large plot is perfect for those considering equestrian pursuits or simply seeking generous outdoor space. The property's access via a lengthy driveway adds to its appeal and privacy. In an idyllic setting yet conveniently close to Halesowen and Birmingham, this property offers not just living space but also the promise of a lifestyle enriched by nature and community. With no upward chain involved, prospective buyers are encouraged to explore this rare opportunity promptly.

Investment Analysis

(B62 area)
Area Average
£285/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
25
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B62)

Area prices are rising by +4.0% over the last 12 months
3 year growth: +3.6%
5 year growth: +16.5%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,073
Based on a loan of £862,500 over 30 years at 3.91% 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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