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Archer Road, Redditch, B98

West Midlands

£167,000
Listed on 18/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
942 sqft

Description

This charming mid-terrace property spans three levels and presents a valuable opportunity for renovation. Though it currently features traditional period characteristics, it is ready for modernization, allowing you to tailor the space to your preferences. The layout includes two comfortable reception rooms on the ground floor, leading to a kitchen and an inner lobby area before reaching the downstairs bathroom. On the first floor, you'll find two spacious double bedrooms that offer ample natural light and potential for design upgrades. The third bedroom, located on the second floor, provides additional space that could serve various purposes depending on your needs—be it guest accommodation or a home office. The property boasts a shared rear right of way, offering access to an outdoor space that could be enhanced to create a cozy garden retreat or entertainment area. Importantly, this home comes with a current Electrical Installation Condition Report (EICR) and gas safety certificate, which supports its potential as a solid investment property. Situated in a location with promising rental demand or resale potential, this residence provides not just a place to live but an opportunity to invest wisely in a project that could yield significant returns.

Investment Analysis

(B98 area)

Below Market Value

This property is priced -31.2% below area average per sq ft

-31.2%
Potential saving
This Property
£177/sq ft
Area Average
£258/sq ft
Avg Rent (weekly)
£238
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£267,029
10% above area average per sq ft
Potential ROI
+29.0%
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

Archer Road, 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
£612
Based on a loan of £125,250 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