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Codsall Road, Cradley Heath

West Midlands

£130,000
Listed on 16/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
721 sqft

Description

Situated on Codsall Road in Cradley Heath, this semi-detached home provides a compelling opportunity for investors or homeowners looking to undertake a refurbishment project. The property is in need of comprehensive modernisation, allowing for the potential to significantly enhance its value and tailor it to personal preferences. Conveniently located, it offers easy access to Halesowen and major motorway links, with Old Hill train station just a short distance away, making it an ideal choice for commuters. The exterior features a front driveway with side access leading up to the entrance. Inside, the layout includes an entry hall that opens into a spacious lounge and a kitchen diner complete with under-stairs storage. The first floor hosts two bedrooms along with a family bathroom. The tiered rear garden showcases multiple levels including a patio area, stone chippings, and a lawn, providing ample outdoor space that can be developed further. This property represents a practical investment opportunity in a well-connected area, perfect for those ready to invest time and resources into creating their ideal living space.

Investment Analysis

(B64 area)

Below Market Value

This property is priced -25.9% below area average per sq ft

-25.9%
Potential saving
This Property
£180/sq ft
Area Average
£243/sq ft
Avg Rent (weekly)
£170
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£193,041
10% above area average per sq ft
Potential ROI
+24.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (B64)

Area prices are rising by +13.7% over the last 12 months
3 year growth: +11.7%
5 year growth: +31.8%
Investment Disclaimer: Analysis based on B64 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

Codsall Road, Cradley Heath
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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
£460
Based on a loan of £97,500 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.

Stamp Duty Calculator

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