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Weights Lane, Redditch, B97

West Midlands

£396,000
Listed on 22/01/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1412 sqft

Description

This substantial 4-bedroom detached residence presents a noteworthy opportunity for both families and investors, set on a sizable plot in a desirable West Midlands location. The property comes with planning permission to develop two additional dwellings, comprising a 3-bedroom house and a 2-bedroom house, which promises significant potential for capital appreciation. With no onward chain, this home is ready for immediate occupancy or renovation. The interiors are spacious, complemented by attractive views and features such as open log fires that enhance the living space's charm. An included static caravan offers temporary accommodation during any refurbishment work, making it easier for renovation plans to unfold smoothly. The expansive garden boasts an abundance of herbs and grapevines, perfect for those interested in landscaping or horticulture. Furthermore, the property benefits from off-road parking and ample outdoor space, making it ideal for family living while simultaneously providing a solid foundation for development in a sought-after area with excellent transport links and schools nearby.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£280/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£448,331
10% above area average per sq ft
Potential ROI
-5.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (B97)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +6.8%
5 year growth: +15.3%
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

Weights Lane, Redditch, B97
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,428
Based on a loan of £297,000 over 30 years at 4.06% 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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