Worst House on the Street Logo
Mount Pleasant, Redditch - Image 1
Mount Pleasant, Redditch - Image 2
Mount Pleasant, Redditch - Image 3
Mount Pleasant, Redditch - Image 4
Mount Pleasant, Redditch - Image 5
Mount Pleasant, Redditch - Image 6
Mount Pleasant, Redditch - Image 7
Mount Pleasant, Redditch - Image 8
Mount Pleasant, Redditch - Image 9
Mount Pleasant, Redditch - Image 10
Mount Pleasant, Redditch - Image 11

Mount Pleasant, Redditch

West Midlands

£160,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1121 sqft

Description

This three-bedroom mid-terrace home presents a promising opportunity for buyers looking to invest in a property with significant modernization potential. Located conveniently near Redditch Town Centre, it offers easy access to public transport links and local amenities. The accommodation includes a spacious living room, a dining room with adjacent access to the cellar, a functional kitchen, and a ground-floor bathroom. Upstairs, the three double bedrooms provide ample space for families or can be tailored for rental purposes. The property benefits from gas central heating and double glazing but would greatly benefit from an update throughout. With an existing tenant currently paying £750 per month, there may be an option to retain this tenancy upon purchase, making this an attractive buy-to-let investment as well. The shared courtyard at the rear adds some outdoor space, enhancing its appeal for future occupants.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -50.6% below area average per sq ft

-50.6%
Potential saving
This Property
£143/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£355,934
10% above area average per sq ft
Potential ROI
+92.4%
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

Mount Pleasant, Redditch
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates