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Ashwood Close, Oldbury - Image 1
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Ashwood Close, Oldbury

West Midlands

£73,000
Listed on 31/03/2026

Property Details

Bedrooms
2
Type
Apartment

Description

This contemporary apartment presents a promising opportunity for both potential homeowners and savvy investors. With a long lease remaining, the property requires several cosmetic updates to enhance its appeal and market value. The entrance hall features essential storage options, while the lounge offers access to a Juliet balcony through double-glazed patio doors, providing an inviting space for relaxation. The compact kitchen is equipped with necessary fixtures but would benefit from modernization to meet current standards of style and functionality. Both bedrooms are well-proportioned with ample natural light, though they could use fresh decor to maximize their potential. The bathroom is functional but may require updates to increase its attractiveness. This property holds significant renovation potential for those looking to add value through thoughtful improvements.

Investment Analysis

(B69 area)
Area Average
£245/sq ft
Avg Rent (weekly)
£233
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£8,000 - £15,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (B69)

Area prices are rising by +3.6% over the last 12 months
3 year growth: +6.2%
5 year growth: +33.0%
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

Ashwood Close, Oldbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£259
Based on a loan of £54,750 over 30 years at 3.91% 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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