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Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 1
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 2
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 3
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 4
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 5
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 6
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 7
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 8
Commercial Yard and Premises off Hewell Road, Redditch, Redditch - Image 9

Commercial Yard and Premises off Hewell Road, Redditch, Redditch

West Midlands

£2,000,000
Listed on 07/01/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
11926 sqft

Description

This expansive site covers approximately 0.892 hectares (2.21 acres) adjacent to the Birmingham Cross City Railway Line, providing dual access points. The plot is predominantly flat but features a retaining wall and a concrete slope towards the rear. Previously utilized as a vehicle scrap yard, it is fully secured with perimeter fencing and has ample concrete hardstanding suitable for various uses. On-site, there are three industrial structures designed for modern workshop activities, characterized by their steel-framed construction and brick/block walls complemented by metal profiled roofing. These buildings present an opportunity for refurbishment and modernization, allowing investors to tailor the space to meet contemporary operational standards. Additionally, an open-sided structure at the back of the site could serve multiple purposes or be redeveloped further. The property comes with a legacy of operating under relevant waste management regulations and licenses for metal processing, making it an appealing option for operators within similar sectors who wish to capitalize on existing infrastructure while enhancing its functionality.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -41.8% below area average per sq ft

-41.8%
Potential saving
This Property
£168/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£211
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £300,000
Target Value
£3,777,501
10% above area average per sq ft
Potential ROI
+64.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (B97)

Area prices are rising by +4.0% over the last 12 months
3 year growth: 5.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on B97 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

Commercial Yard and Premises off Hewell Road, Redditch, Redditch
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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
£7,327
Based on a loan of £1,500,000 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