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Newbury Lane, Oldbury - Image 1
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Newbury Lane, Oldbury

West Midlands

£165,000
Listed on 30/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace property in Oldbury presents a promising opportunity for renovation, making it an attractive option for investors or those looking to create their ideal home. Currently requiring modernization, the property features off-road parking via a front driveway, two spacious reception rooms, and a fitted kitchen that opens to a manageable rear garden. The first floor hosts two well-sized bedrooms and a family bathroom equipped with essential amenities. Double glazing and gas central heating are already in place, providing a solid foundation for improvements. Its convenient location offers easy access to local schools, shops, and transport links, enhancing its investment potential in a sought-after area of the West Midlands.

Investment Analysis

(B69 area)
Area Average
£247/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (B69)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 10.2%
5 year growth: 37.5%
Investment Disclaimer: Analysis based on B69 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

Newbury Lane, Oldbury
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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
£604
Based on a loan of £123,750 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