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Oak Drive, St Martins

West Midlands

£175,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom end-of-terrace house presents a promising opportunity for renovation and investment. While the home has retained its original charm, it offers significant potential for modernization and expansion, subject to local planning permissions. The property is situated in a desirable location in St Martins, offering easy access to local amenities and convenient links to the A5/M54 motorway network, making it ideal for commuters. This vibrant village setting allows residents to enjoy both the tranquility of suburban living and the convenience of nearby services. Inside, the accommodation features a reception hall leading to a spacious lounge with cozy carpeting and a traditional brick fireplace. The kitchen provides a practical layout with built-in storage, and the adjoining conservatory brings in natural light while overlooking the private rear garden. Upstairs, two generously sized bedrooms offer room for personalization alongside a family bathroom that can be updated to suit contemporary preferences. Outdoors, the front driveway accommodates multiple vehicles and leads to a garage for additional storage. The enclosed rear garden boasts a lawn area bordered by fencing and an inviting patio space—perfect for outdoor entertaining or relaxing amidst scenic field views. This property not only promises comfortable living but also represents an excellent investment opportunity in a sought-after area with growth potential. Whether you are looking to create your ideal home or seeking a project with strong rental prospects, this house is worth considering. Viewing is encouraged, as there is no upward chain involved with this sale.

Investment Analysis

(SY11 area)
Area Average
£242/sq ft
Avg Rent (weekly)
£174
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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
11%
Properties sold annually

Local Market Trend (SY11)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 9.7%
5 year growth: 29.6%
Investment Disclaimer: Analysis based on SY11 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

Oak Drive, St Martins
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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
£641
Based on a loan of £131,250 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