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Green Lane, Halesowen, B62 9LP

West Midlands

£165,000
Listed on 03/01/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
780 sqft

Description

This Victorian residence presents a solid opportunity for investors or first-time buyers looking to add value through renovation. Located on a sought-after street in Halesowen, the property is conveniently situated near local amenities such as shops, a doctor’s surgery, and Rowley Regis train station, enhancing its appeal for commuters. With no upward chain, you can explore this potential without delay. The layout unfolds over two levels, featuring a welcoming hallway that leads into two separate reception rooms—ideal for creating distinct areas for living and dining. An understairs storage cupboard adds practicality. At the rear, the kitchen is well-equipped and offers access to a private courtyard garden, which could benefit from landscaping or redesign. On the first floor, you'll find two spacious double bedrooms along with a modern bathroom fitted with a contemporary suite that includes a shower over the bath. While currently presented in neutral tones and generally well-maintained, there are opportunities for light cosmetic upgrades that allow new owners to make their mark. As this property is freehold, it comes with added investment security. Early viewings are encouraged to fully appreciate what this home has to offer in terms of location and potential.

Investment Analysis

(B62 area)

Below Market Value

This property is priced -27.8% below area average per sq ft

-27.8%
Potential saving
This Property
£212/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£269
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£251,222
10% above area average per sq ft
Potential ROI
+35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B62)

Area prices are rising by +6.1% over the last 12 months
3 year growth: 7.0%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on B62 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

Green Lane, Halesowen, B62 9LP
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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