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Parsons Road, Redditch, Worcestershire

West Midlands

£225,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
752 sqft

Description

This two-bedroom home offers a wealth of potential for those looking to invest or renovate in a desirable area. The property features a spacious living room that presents an inviting space for day-to-day activities, enhanced by natural light and ample proportions. The kitchen/diner, currently functional, allows for further customization to meet modern standards or personal preferences. Moving upstairs, both bedrooms provide versatile options for use, with the principal bedroom offering generous space for storage solutions. The family shower room completes the upstairs layout efficiently. Outside, the private rear garden is ripe for transformation – while it needs some care, it can easily evolve into an attractive area for relaxation or entertaining guests. Located in a well-connected community near schools, amenities, and transport options, this property stands as an excellent opportunity to tailor a home to your specification while benefiting from its existing layout and potential appreciation in value.

Investment Analysis

(B98 area)

Above Market Value

This property is priced +14.9% above area average per sq ft

+14.9%
This Property
£299/sq ft
Area Average
£260/sq ft
Avg Rent (weekly)
£234
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£215,444
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
66%
Properties sold annually

Local Market Trend (B98)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.2%
5 year growth: +19.2%
Investment Disclaimer: Analysis based on B98 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

Parsons Road, Redditch, Worcestershire
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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
£811
Based on a loan of £168,750 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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