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Theodore Close, Oldbury, B69 3EF

West Midlands

£260,000
Listed on 04/03/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1313 sqft

Description

This spacious four-bedroom semi-detached house in Oldbury presents a significant opportunity for renovation and personalization, ideal for families seeking room to grow. The property features a practical driveway and a garage, enhancing its appeal. Upon entry, you're greeted by a sizable porch that leads into a welcoming entrance hallway with stairs ascending to the first floor. The kitchen is functional with plenty of countertops and storage options, coupled with an additional cupboard for convenience. A unique hallway illuminated by a skylight connects the kitchen to several key areas: a downstairs wet room equipped with essential amenities, an ample master bedroom complete with built-in wardrobes, and internal access to both the garage and the garden. The garage itself comes equipped with electrics and could be transformed into usable living space or an office (subject to planning permission). The lounge is another highlight—spanning from the front to the back of the home—providing ample space for both relaxation and dining, making it perfect for hosting gatherings. On the upper floor, you’ll find three well-sized bedrooms alongside a family bathroom with standard fittings including bath and WC. Outside, there’s a manageable rear garden plus accessible garage storage at the front along with driveway parking. Located just minutes from Oldbury town centre, this property offers easy access to amenities, schools, and public transport links—making it not just a home but also an investment opportunity with great potential.

Investment Analysis

(B69 area)

Below Market Value

This property is priced -18.2% below area average per sq ft

-18.2%
Potential saving
This Property
£198/sq ft
Area Average
£242/sq ft
Avg Rent (weekly)
£221
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£349,809
10% above area average per sq ft
Potential ROI
+12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
51%
Properties sold annually

Local Market Trend (B69)

Area prices are rising by +3.8% over the last 12 months
3 year growth: +5.4%
5 year growth: +36.9%
Investment Disclaimer: Analysis based on B69 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

Theodore Close, Oldbury, B69 3EF
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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
£938
Based on a loan of £195,000 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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