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Dark Lane, Romsley, Halesowen

West Midlands

£300,000
Listed on 26/02/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom detached bungalow represents a significant renovation opportunity in a desirable area of the West Midlands. Currently, it features a lounge, two bedrooms, kitchen, lean-to extension, and a shower room, complemented by a spacious rear garden and garage. With approved planning permission for demolition and construction of a new two-storey dwelling (Ref: 25/00637/FUL), this property is ideal for investors looking to capitalize on its potential. The home includes essential amenities such as gas central heating and double-glazed windows, though the interior may require updating to meet modern standards. The sizable garden offers room for expansion or landscaping to enhance outdoor spaces.

Investment Analysis

(B62 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£274
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
46%
Properties sold annually

Local Market Trend (B62)

Area prices are rising by +5.7% over the last 12 months
3 year growth: +5.4%
5 year growth: +17.0%
Investment Disclaimer: Analysis based on B62 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

Dark Lane, Romsley, 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
£1,082
Based on a loan of £225,000 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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