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High Street, Quarry Bank, Brierley Hill, West Midlands, DY5 - Image 1
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High Street, Quarry Bank, Brierley Hill, West Midlands, DY5

West Midlands

£120,000
Listed on 01/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1174 sqft

Description

This versatile three-storey property combines commercial and residential spaces, offering significant renovation and investment potential. The ground level features a commercial unit with a prominent roller shutter door and large display window, providing excellent visibility on a busy high street. This space is ideal for various retail or office purposes, with a generously sized shop floor that could easily accommodate a range of business models. Access to the residential areas is well defined, thanks to a side alleyway leading directly to the two-storey flat above. The residential portion comprises an expansive reception area on the first floor, which can serve as a living room or be repurposed for additional office space. A functional kitchen supports both residential use and potential rental scenarios for tenants. The upper level houses two bedrooms along with a second bathroom, adding privacy and convenience. Both bedrooms are spacious enough to adapt to various needs, whether for family living or rental opportunities. To the rear of the building, you’ll find a private fenced garden that presents further development possibilities — whether as outdoor relaxation space or potential expansion of the existing structure. Situated in Quarry Bank's vibrant commercial hub, this property benefits from strong foot traffic and proximity to local amenities such as shops and cafés, making it an attractive spot for both business operations and residential living. Its location ensures easy access to surrounding areas, enhancing its appeal for future tenants or buyers. Overall, while the property requires modernization, it holds exceptional promise for those looking to invest in a mixed-use property that can adapt to evolving needs in this dynamic neighborhood.

Investment Analysis

(DY5 area)

Below Market Value

This property is priced -56.7% below area average per sq ft

-56.7%
Potential saving
This Property
£102/sq ft
Area Average
£236/sq ft
Avg Rent (weekly)
£216
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£304,641
10% above area average per sq ft
Potential ROI
+90.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (DY5)

Area prices are rising by +5.6% over the last 12 months
3 year growth: 14.1%
5 year growth: 30.7%
Investment Disclaimer: Analysis based on DY5 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

High Street, Quarry Bank, Brierley Hill, West Midlands, DY5
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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
£440
Based on a loan of £90,000 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