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2 Albert Street, Lye, Stourbridge, DY9 8AG

West Midlands

£49,000
Listed on 06/01/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This mid-terraced property, set back from the road with a small foregarden, presents an excellent opportunity for renovation. The accommodation includes a lower ground floor cellar, providing potential for additional storage or a unique living space. The ground floor features a reception room and dining area, along with a kitchen and bathroom which may require modernizing. The first floor hosts two bedrooms, while an attic bedroom on the second floor adds to its appeal. Externally, there are gardens that could be landscaped to enhance curb appeal. Currently equipped with gas central heating and UPVC double glazing, these features can reduce initial renovation costs but the energy performance rating of E indicates that further improvements may be needed. This property is ideal for investors or homeowners looking to create their own vision in a desirable location within the West Midlands.

Investment Analysis

(DY9 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.5%

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
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DY9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 9.3%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on DY9 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

2 Albert Street, Lye, Stourbridge, DY9 8AG
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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
£179
Based on a loan of £36,750 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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