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Elm Road, Enfield, Redditch, B97 - Image 1
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Elm Road, Enfield, Redditch, B97

West Midlands

£250,000
Listed on 12/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
911 sqft

Description

This semi-detached three-bedroom property presents a promising investment opportunity, particularly for those looking to add value through renovation. The home features a spacious layout with practical accommodations throughout, ideal for families or as a rental property. A notable highlight is the flexible ground floor, which comprises an entrance hall with storage and a convenient downstairs WC. Two sizable reception rooms—featuring a garden-facing lounge and a front dining room with a bay window—provide ample space for both relaxation and entertaining, while the kitchen at the rear offers direct access to the garden and potential for modernization or reconfiguration to create an open-plan living area.<br><br>On the first floor, three well-proportioned bedrooms surround a central landing, with the principal bedroom including built-in wardrobe space. The secondary bedrooms are versatile enough to serve as guest rooms or home offices. Completing this level is a family bathroom that could benefit from updating.<br><br>The outdoor space includes a sizeable rear garden primarily laid to lawn and mature plantings, offering significant landscaping opportunities. Additionally, there is a detached garage accessible via Cedar Road, providing extra storage or potential conversion ideas.<br><br>Located in the West Midlands, this property is conveniently positioned near local amenities, schools, and transportation links, enhancing its appeal to families and investors alike. With no onward chain and generous proportions throughout, this home offers abundant renovation potential in an attractive residential area.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -4.8% below area average per sq ft

-4.8%
Potential saving
This Property
£274/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£225
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£288,905
10% above area average per sq ft
Potential ROI
+1.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (B97)

Area prices are rising by +3.4% over the last 12 months
3 year growth: +6.4%
5 year growth: +10.9%
Investment Disclaimer: Analysis based on B97 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

Elm Road, Enfield, Redditch, B97
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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
£902
Based on a loan of £187,500 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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