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Lee Road, Cradley Heath, B64 7HS

West Midlands

£325,000
Listed on 01/11/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This four-bedroom detached family home stands as an intriguing opportunity for buyers looking to invest in a property with significant renovation potential. While it requires modernisation, its spacious layout and prime location near the popular Haden Hill Park make it an appealing canvas for those ready to put their personal touch on a home. Set back from the road, this residence features a multi-car driveway complemented by a front lawn and an integral garage, providing ample parking and storage solutions. Upon entering, you are greeted by a welcoming hallway that grants access to all ground floor spaces. The kitchen/diner is positioned to the left, offering generous room for family meals and entertaining guests. A large lounge/diner situated at the rear includes patio doors that lead out to a private garden space, enhancing the natural light throughout the area. The downstairs also accommodates a convenient guest W/C and an under-stairs storage cupboard. Moving upstairs, you'll find three well-sized double bedrooms alongside a fourth bedroom that could serve as a home office or nursery. The family bathroom is equipped with both a separate bathtub and a walk-in shower, catering to diverse preferences in daily routines. The rear garden is manageable in size while providing substantial privacy—ideal for relaxation or outdoor gatherings. Given its excellent layout and surrounding amenities—including schools, local shops, and green spaces—this property has considerable appeal as both a family home and an investment opportunity. With vision and creativity, it has the potential to be transformed into something truly special. Viewing is encouraged to fully appreciate what this property can offer.

Investment Analysis

(B64 area)
Area Average
£236/sq ft
Avg Rent (weekly)
£206
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
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 (B64)

Area prices are rising by +8.6% over the last 12 months
3 year growth: 9.6%
5 year growth: 30.1%
Investment Disclaimer: Analysis based on B64 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

Lee Road, Cradley Heath, B64 7HS
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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
£1,191
Based on a loan of £243,750 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