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Alcester Road, Lickey End, B60 - Image 1
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Alcester Road, Lickey End, B60

West Midlands

£550,000
Listed on 09/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
2230 sqft

Description

This three-bedroom detached bungalow presents a significant opportunity for renovation and investment, set on a substantial plot of land. Currently featuring a spacious lounge with dining area, kitchen, utility room, and garden room, the property is well-equipped for modern living while offering ample scope for updates. One of its standout features is the potential to develop a separate dwelling at the rear, subject to planning permissions, enhancing its investment value. The home is approached via a driveway providing off-road parking, with gated access leading to additional space at the back that includes a double garage and carport. As you enter through the roomy hallway, it leads to well-proportioned sleeping quarters consisting of a master bedroom with storage and three further double bedrooms. The lounge/diner boasts sliding doors that open onto the south-facing rear garden—perfect for outdoor relaxing or entertaining. The kitchen has practical features like a breakfast bar and integrated appliances but could benefit from modern upgrades. The exterior offers a well-kept private garden with various landscaped areas including a pond—a serene outdoor setting that can be revitalized. With excellent transport links nearby and local amenities within easy reach, this property holds great promise not just as a residence but also as an investment venture in a desirable West Midlands location.

Investment Analysis

(B60 area)

Below Market Value

This property is priced -24.3% below area average per sq ft

-24.3%
Potential saving
This Property
£247/sq ft
Area Average
£326/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£798,942
10% above area average per sq ft
Potential ROI
+33.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (B60)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 6.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on B60 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

Alcester Road, Lickey End, B60
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE