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Lickey Road, Rednal, B45

West Midlands

£249,995
Listed on 07/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1046 sqft

Description

This three-bedroom semi-detached house on Lickey Road in Rednal, Birmingham presents a unique opportunity for buyers eager to invest in a property with ample renovation potential. The absence of an onward chain further enhances its appeal for those looking to create their ideal home. With generous room sizes throughout and charming character elements, this property invites creativity in reimagining the living spaces. The front garden provides a welcoming approach, while the rear garden features a mix of paved and lawn areas, leading to a detached garage that offers secure storage options. Inside, the layout consists of a spacious hallway leading to a lounge and dining area, which boasts natural flow through sliding doors opening into the garden. The kitchen, currently functional but dated, holds significant scope for modernization or reconfiguration to maximize space. Upstairs offers three versatile bedrooms and a shower room. Located conveniently near amenities and transport links, as well as local parks and schools, this property is well-positioned for family living or professional commuting. Explore the possibilities of transforming this home into your dream space.

Investment Analysis

(B45 area)

Below Market Value

This property is priced -19.3% below area average per sq ft

-19.3%
Potential saving
This Property
£239/sq ft
Area Average
£296/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£340,923
10% above area average per sq ft
Potential ROI
+17.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by +5.4% over the last 12 months
3 year growth: 3.5%
5 year growth: 16.1%
Investment Disclaimer: Analysis based on B45 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

Lickey Road, Rednal, B45
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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
£916
Based on a loan of £187,496 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE