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Halesowen Road, Cradley Heath

West Midlands

£165,000
Listed on 20/02/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
731 sqft

Description

This extensive commercial property presents a promising investment opportunity and is situated in a bustling area rich with local amenities and transport connections. Currently, the ground floor is utilized as a ladies' salon while the first floor operates as a gents' barbershop. The property features an additional kitchen space, bathroom facilities, and an extended rear section offering extra area for potential redevelopment. A courtyard with brick outbuildings further enhances the property's versatility, providing ample space for storage or expansion. The first floor also includes a boiler room, separate W/C, and access to an attic that holds potential for further development. Security is prioritized here with roller shutters installed on all openings and a fully integrated alarm system. This property not only has the existing infrastructure suitable for immediate use but also considerable potential for refurbishment that could significantly elevate its value.

Investment Analysis

(B64 area)

Below Market Value

This property is priced -5.3% below area average per sq ft

-5.3%
Potential saving
This Property
£226/sq ft
Area Average
£238/sq ft
Avg Rent (weekly)
£196
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£191,738
10% above area average per sq ft
Potential ROI
-14.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (B64)

Area prices are rising by +13.0% over the last 12 months
3 year growth: +10.5%
5 year growth: +32.2%
Investment Disclaimer: Analysis based on B64 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

Halesowen Road, Cradley Heath
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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
£595
Based on a loan of £123,750 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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