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Belbroughton Close, Redditch, B98

West Midlands

£160,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
936 sqft

Description

This end-terrace home features three bedrooms and is situated on a desirable corner plot in the Lodge Park area of Redditch. While it presents an opportunity for updates, its generous living spaces and practical layout set the stage for customization to suit modern living. Upon entering, you find a hallway that leads to a convenient downstairs toilet. The spacious lounge is filled with natural light and connects seamlessly to the kitchen/diner, which also offers access to the rear garden. The kitchen is designed with functionality in mind, providing ample space for dining, along with useful under-stair storage for added convenience. On the upper level, there are three well-sized bedrooms, one of which offers extra room that could easily accommodate built-in storage solutions. The family bathroom includes essential fixtures such as a shower over the bath, toilet, and wash hand basin. The property also boasts a sizable garden that wraps around the home, presenting significant potential for landscaping or outdoor enhancements; an existing decking area provides a great starting point for creating an inviting outdoor retreat. Belbroughton Close is conveniently positioned within easy reach of Redditch’s town centre, local schools, and transport links. This prime location makes it an attractive option not only for families but also for investors looking to capitalize on rental demand in the area. With some renovations and personal touches, this property has excellent potential to become a charming family home or a profitable investment opportunity.

Investment Analysis

(B98 area)

Below Market Value

This property is priced -33.7% below area average per sq ft

-33.7%
Potential saving
This Property
£171/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£265,328
10% above area average per sq ft
Potential ROI
+39.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (B98)

Area prices are rising by +2.3% over the last 12 months
3 year growth: 2.1%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on B98 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

Belbroughton Close, Redditch, B98
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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
£586
Based on a loan of £120,000 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