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Apperley Way, Halesowen

West Midlands

£63,000
Listed on 18/02/2026

Property Details

Bedrooms
1
Type
Flat
Area
548 sqft

Description

This one-bedroom ground floor apartment presents an excellent opportunity for renovation enthusiasts and investors looking to make their mark. Nestled in a well-maintained communal setting, the property is conveniently located near Cradley Heath train station, facilitating easy commuting and access to local amenities. This apartment is being sold with no upward chain and primarily appeals to cash buyers due to its low leasehold arrangement. The layout includes a welcoming porch leading into a spacious lounge that features two double-glazed windows, maximizing natural light. The kitchen is functional but requires modernization, offering ample potential for improvement with space for essential appliances. A bathroom with essential fittings also awaits updates, providing an opportunity to enhance its appeal further. The bedroom is sufficiently sized and benefits from front-facing views, while the communal gardens offer serene outdoor space, which can be improved as part of your renovations. With a little imagination and investment, this property could transform into an attractive rental or starter home in a desirable location.

Investment Analysis

(B63 area)

Below Market Value

This property is priced -55.2% below area average per sq ft

-55.2%
Potential saving
This Property
£115/sq ft
Area Average
£257/sq ft
Avg Rent (weekly)
£232
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£154,678
10% above area average per sq ft
Potential ROI
+75.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (B63)

Area prices are rising by +4.8% over the last 12 months
3 year growth: +9.2%
5 year growth: +30.4%
Investment Disclaimer: Analysis based on B63 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

Apperley Way, Halesowen
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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
£227
Based on a loan of £47,250 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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