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Oldacre Road, Oldbury

West Midlands

£180,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom mid-terraced property presents an exciting opportunity for renovation and investment. Situated in a sought-after area, the home features two spacious reception rooms, off-road parking, and a sizeable rear garden, making it an appealing project for buyers looking to add value through modernization. Upon entering, you'll find an entrance hall that leads to the well-proportioned dining room and lounge. Both living spaces benefit from natural light courtesy of timber-framed single-glazed windows. The kitchen is functional but in need of updating, offering wall-mounted cupboards and plumbing for a washing machine. Access to the garden is provided by an obscure double-glazed door, creating the potential for a seamless indoor-outdoor living experience. The first floor comprises three bedrooms—each with its own unique characteristics—and a shower room with electric fittings. The property includes a separate WC for added convenience. Notably, there are plans in place to upgrade several windows to UPVC double glazing, which could enhance energy efficiency and aesthetics. The rear garden offers ample space for outdoor activities or future landscaping projects, although some areas may require attention due to existing dilapidated structures like a garden shed and greenhouses. In terms of location, this home benefits from proximity to local amenities and transport links, making it suitable not only as a family residence but also as a rental investment or flip opportunity. The absence of any upward chain further streamlines the purchasing process. For those seeking to invest in property with considerable renovation potential, this residence provides a blank canvas ready for transformation into a modern family home or attractive rental unit.

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

Oldacre Road, Oldbury
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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
£659
Based on a loan of £135,000 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