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OLDBURY, Grafton Road

West Midlands

£315,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Nestled in a desirable corner location, this traditional three-bedroom detached home offers an exciting opportunity for renovation and investment. The property presents an expansive layout with significant potential for modernization and development, pending the necessary planning approvals. Set back from the main thoroughfare, this residence is positioned on a generous plot that includes spacious side gardens. Upon entering, you're greeted by a welcoming porch that leads into a central hallway. This area provides access to a comfortably sized living room and a separate dining room, both of which could benefit from contemporary updates to enhance their appeal. The kitchen, situated at the rear of the house, opens into a veranda area and is accompanied by a ground-floor toilet and a practical storage space. Upstairs, the first floor features a spacious landing that connects to three well-proportioned bedrooms and a modern shower room. Each bedroom offers ample light and space, making them suitable for family living or future remodeling. Externally, the property includes a block-paved driveway with off-road parking leading to an attached garage. The large rear garden boasts considerable side space that presents excellent possibilities for expansion or creative landscaping to suit various lifestyle needs (subject to planning permission). This home is offered with no upward chain, allowing for immediate possession upon completion. Its freehold tenure adds further appeal for buyers looking to invest in real estate. With all main services connected and low flood risk, this property represents an attractive option for those interested in creating their dream home or exploring its full renovation potential in a sought-after location.

Investment Analysis

(B68 area)
Area Average
£260/sq ft
Avg Rent (weekly)
£261
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (B68)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 8.9%
5 year growth: 33.5%
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

OLDBURY, Grafton Road
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,154
Based on a loan of £236,250 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