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Winchester Road, West Bromwich, B71 - Image 1
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Winchester Road, West Bromwich, B71

West Midlands

£240,000
Listed on 26/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This three-bedroom semi-detached home, located on a desirable corner plot in West Bromwich, presents a valuable opportunity for renovators and investors. Currently tenanted at £1,250 per month, the tenant expresses interest in remaining, making this property an attractive option for those looking to enter the rental market or for first-time buyers looking for future potential. The property offers generous living spaces with a bright entrance hallway leading into a spacious through lounge/dining room that benefits from ample natural light. The kitchen is fitted with good storage options and provides direct access to the sizable rear garden. The upstairs features three well-sized bedrooms along with a family bathroom and loft access for additional storage. Notably, the corner plot enhances privacy and space, allowing for significant extension possibilities (subject to planning permission). The large rear garden is perfect for families and could be developed further if desired. With driveway parking and an attractive exterior, this home not only meets current needs but also has substantial room for improvement and expansion. Located conveniently near local amenities, schools, and transport links, it combines comfort with investment potential in a thriving area of West Bromwich.

Investment Analysis

(B71 area)
Area Average
£253/sq ft
Avg Rent (weekly)
£255
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
37%
Properties sold annually

Local Market Trend (B71)

Area prices are stable by +0.5% over the last 12 months
3 year growth: +9.5%
5 year growth: +40.5%
Investment Disclaimer: Analysis based on B71 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

Winchester Road, West Bromwich, B71
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Mortgage Calculator

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£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 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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