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Gateley Road, Oldbury

West Midlands

£575,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2143 sqft

Description

This extended detached house presents a unique opportunity for renovation and investment, set on a generously sized plot with substantial potential for further development, pending planning approval. The property features four spacious double bedrooms, three versatile reception rooms, and a well-appointed kitchen diner with access to a conservatory and a low-maintenance rear garden. With its expansive block-paved driveway and garage space, the property offers excellent appeal for families or those looking to create their ideal living space. Key areas include an inviting entrance hall leading to multiple living areas, including an expansive through lounge with a log burner, providing warmth and character. The kitchen diner is equipped with essential appliances yet could benefit from modernisation to enhance functionality and style. Upstairs, each bedroom is generously proportioned, with the master boasting an en-suite shower room. A family bathroom with additional shower facilities awaits renovation to meet contemporary standards. The rear garden consists of paved sections ideal for outdoor entertaining, complemented by ample storage options in the garages and workshop area. This residence is well-suited for those eager to invest in transformative renovations that will both elevate comfort and increase property value in this desirable West Midlands location.

Investment Analysis

(B68 area)

Above Market Value

This property is priced +2.4% above area average per sq ft

+2.4%
This Property
£268/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£267
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£617,966
10% above area average per sq ft
Potential ROI
-7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (B68)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +10.0%
5 year growth: +34.2%
Investment Disclaimer: Analysis based on B68 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

Gateley Road, Oldbury
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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
£2,074
Based on a loan of £431,250 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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