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Holmwood Drive, Redditch, B97 - Image 1
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Holmwood Drive, Redditch, B97

West Midlands

£235,000
Listed on 13/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1051 sqft

Description

This three-bedroom semi-detached house in the well-established Batchley area of Redditch offers a substantial opportunity for renovation and investment. The property is conveniently positioned near local amenities and could benefit from modernisation throughout, making it an appealing prospect for first-time buyers, families, or investors seeking to enhance its value. The layout includes a welcoming entrance hallway with useful understairs storage that leads into a spacious dual-aspect lounge/diner, complete with a traditional fireplace. The kitchen is functional and opens directly into a lean-to that could be reconfigured to expand living space (subject to planning). This lean-to also provides essential access to the WC, garden, and garage. Upstairs, the master bedroom overlooks the rear garden and features fitted wardrobes for added convenience. Two additional bedrooms—one double with similar wardrobe space and a single—are complemented by a shower room that has been equipped with a modern walk-in shower. Externally, the private rear garden is predominantly laid to lawn and bordered by established shrubs and hedges. There’s also potential for landscaping improvements or further enhancements to create an inviting outdoor space. The garden includes a paved patio area ideal for seating as well as sheds for storage. This property presents the chance to unlock significant potential through thoughtful renovations.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -22.5% below area average per sq ft

-22.5%
Potential saving
This Property
£224/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
£333,708
10% above area average per sq ft
Potential ROI
+28.3%
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

Holmwood Drive, 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
£848
Based on a loan of £176,250 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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