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Clement Road, Halesowen, B62 9LR - Image 1
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Clement Road, Halesowen, B62 9LR

West Midlands

£175,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
786 sqft

Description

This two-bedroom terraced home presents a solid opportunity for renovation and investment in a sought-after area of the West Midlands. The property features two reception rooms on the ground floor, providing versatile spaces that could be reconfigured to enhance flow and functionality. The rear kitchen, while functional, could benefit from modern updates to maximize storage and usability for contemporary living. Additionally, the ground floor bathroom is equipped with essential amenities but may require refreshing to meet current standards. Upstairs, you will find two spacious double bedrooms that are well-lit and offer great potential for redecoration. The large rear garden is a notable asset, providing ample space for landscaping or potential extensions (subject to necessary approvals) which could significantly increase the property's value. With on-street parking available and proximity to local amenities, schools, and transport links, this home offers both convenience and the chance to add value through thoughtful renovations.

Investment Analysis

(B62 area)

Below Market Value

This property is priced -22.2% below area average per sq ft

-22.2%
Potential saving
This Property
£223/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£276
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£247,492
10% above area average per sq ft
Potential ROI
+23.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (B62)

Area prices are rising by +7.1% over the last 12 months
3 year growth: +4.4%
5 year growth: +17.8%
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

Clement Road, Halesowen, B62 9LR
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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
£631
Based on a loan of £131,250 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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