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Illey Lane, Halesowen, B62

West Midlands

£1,150,000
Listed on 27/08/2025

Property Details

Bedrooms
3
Type
Not Specified

Description

This detached farmhouse presents a unique opportunity for buyers looking to invest in a property with significant potential. Located on a generous plot of approximately 3 acres in a desirable semi-rural part of Halesowen, it features multiple outbuildings, providing ample scope for refurbishment and varied future use, subject to local planning permissions. The property's secluded position at the end of a private drive enhances its appeal for those seeking tranquility without sacrificing accessibility to nearby urban areas, including Halesowen and Birmingham. The exterior boasts extensive grounds ideal for residential or agricultural pursuits, as well as leisure activities. With plenty of parking space and easy access along the long driveway, this property encourages creative redevelopment ideas. In summary, this farmhouse represents not just a home but also an investment canvas in an attractive location where one can create their dream residence while enjoying the beauty of the surrounding countryside.

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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