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162 Hales Lane, Smethwick, B67 6QY

West Midlands

£50,000
Listed on 16/11/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This semi-detached property offers a unique opportunity for those seeking a renovation project or investment potential. Set back from the road, it features a driveway and foregarden that add to its curb appeal. Internally, the layout includes two reception rooms and a kitchen on the ground floor, providing a solid foundation for modernizing and personalizing the living space. The first floor comprises two bedrooms, a box room suitable for conversion into a study or nursery, and a bathroom/WC. While the home benefits from gas central heating and double-glazed windows, it is currently in need of refurbishment throughout, allowing new owners to implement their vision. Outside, there is ample parking with a driveway leading to a garage, alongside gardens that offer potential for landscaping or expansion. The property sits in an area known for its community feel and accessibility to local amenities including schools, shops, and transport links. Given its size and location, this property could be considered for development opportunities subject to obtaining necessary planning consents. Its vacant status upon completion allows for immediate renovations or strategic investments aimed at increasing property value. The auction format presents an additional layer of opportunity; interested buyers have the chance to secure this property at potentially favorable terms while navigating the process with transparency through the available legal pack. This property invites creative ideas and fresh updates—perfect for investors or homeowners looking to establish equity through thoughtful improvements.

Investment Analysis

(B67 area)
Area Average
£251/sq ft
Avg Rent (weekly)
£261
Avg Yield
5.4%

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
13
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (B67)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 10.0%
5 year growth: 30.1%
Investment Disclaimer: Analysis based on B67 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.

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Location

162 Hales Lane, Smethwick, B67 6QY
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