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Lickey Square, Lickey, Birmingham, Worcestershire, B45

West Midlands

£499,000
Listed on 28/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1032 sqft

Description

This detached bungalow, nestled in the desirable village of Lickey, presents a promising investment opportunity for those looking to create their ideal home. The property features two spacious double bedrooms and a generously sized lounge that seamlessly connects to the dining kitchen area, ideal for both daily living and hosting gatherings. A conservatory at the rear offers additional versatile space while overlooking the expansive wrap-around garden, which provides significant potential for extension or landscaping improvements (subject to obtaining necessary planning permissions). With a single garage that includes rear access and driveway parking available, convenience is well catered for. Located near the picturesque Lickey Hills Country Park and within easy reach of major commuter routes via the M5 and M42 motorways, this property also benefits from being in proximity to Lickey Hills Primary School. This is an excellent canvas for renovation in a well-connected area with ample outdoor possibilities.

Investment Analysis

(B45 area)

Above Market Value

This property is priced +65.8% above area average per sq ft

+65.8%
This Property
£484/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£262
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£331,138
10% above area average per sq ft
Potential ROI
-38.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
120%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +1.2%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on B45 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

Lickey Square, Lickey, Birmingham, Worcestershire, B45
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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
£1,800
Based on a loan of £374,250 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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