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Park Lane West, Tipton, West Midlands - Image 1
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Park Lane West, Tipton, West Midlands

West Midlands

£215,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
971 sqft

Description

This property presents a significant opportunity for those looking to invest in a home with considerable potential for renovation and personalisation. Nestled in a desirable residential area, the house is well-suited for families and offers ample outdoor space alongside off-road parking. The layout provides flexibility with multiple reception areas ideal for daily living and entertaining. The front-facing living room enjoys plenty of natural light, while a separate dining room enhances the home’s functionality for family gatherings. Additionally, a versatile rear reception room can serve as an office or playroom, adapting to your needs. The kitchen includes essential units and work surfaces, leading into a practical utility area that houses a convenient ground floor WC—making this home ideal for busy households. On the first floor, there are well-allocated bedrooms accompanied by a family bathroom fitted with a three-piece suite. Though the property currently requires modernisation, including addressing some damp concerns linked to the roof, this allows buyers an avenue to enhance the property significantly and realise its value through updates and improvements over time. The generous rear garden offers an enclosed space perfect for landscaping projects or outdoor enjoyment. With nearby amenities such as shops, schools, and leisure facilities, as well as convenient transport links to surrounding areas, this property sits in an advantageous location conducive to comfortable family living.

Investment Analysis

(DY4 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£221/sq ft
Area Average
£234/sq ft
Avg Rent (weekly)
£229
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£250,096
10% above area average per sq ft
Potential ROI
+2.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (DY4)

Area prices are rising by +5.5% over the last 12 months
3 year growth: +25.9%
5 year growth: +43.0%
Investment Disclaimer: Analysis based on DY4 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

Park Lane West, Tipton, West Midlands
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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
£775
Based on a loan of £161,250 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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