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Hayes Street, West Bromwich, West Midlands, B70 9NE

West Midlands

£140,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced property offers a promising opportunity for those looking to invest in renovation projects. Located in proximity to Carters Green in West Bromwich, the home is ideally situated near local schools and essential commuter routes, enhancing its potential for rental yield or resale. Inside, the layout features two reception rooms that can easily be updated to create a modern living space. The main reception room, complete with a gas fire and double-glazed windows, invites natural light and provides a cozy atmosphere. The second reception room also presents ample opportunity for customization, featuring an electric fire and access to the staircase. The kitchen area includes base units and plumbing for appliances, while the utility room adds further functionality with storage space and direct access outside. A bathroom equipped with both a bath and an electric shower offers convenience but is ready for contemporary upgrades. The property boasts three bedrooms; the first two are generously sized with built-in storage options, while the third bedroom retains its charm with vinyl flooring and a view of the rear garden. Each room presents an opportunity to reimagine the space to suit individual preferences or market demands. Outside, the rear garden is manageable yet functional, featuring two wooden sheds for additional storage. The front entrance allows easy access to both the garden and street. This property comes with vacant possession upon completion, making it well-suited for swift renovations. With all mains services available, this freehold property stands as a viable investment for individuals seeking to enter the rental market or homeowners interested in flipping properties after modernizing them.

Investment Analysis

(B70 area)
Area Average
£234/sq ft
Avg Rent (weekly)
£203
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (B70)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 15.8%
5 year growth: 32.9%
Investment Disclaimer: Analysis based on B70 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

Hayes Street, West Bromwich, West Midlands, B70 9NE
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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
£513
Based on a loan of £105,000 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