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Grove Road, Oldbury B68 9JL

West Midlands

£280,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
848 sqft

Description

This three-bedroom property located on the sought-after Grove Road offers a promising canvas for renovation, making it an attractive opportunity for investors or families looking to customize their next home. The ground floor features a traditional layout consisting of spacious living areas that can be reconfigured to enhance both comfort and functionality. The kitchen, positioned at the rear, overlooks the garden and is ripe for modernisation, presenting an ideal spot to create an open-plan design conducive to family gatherings. The first floor includes three well-sized bedrooms along with a shower room, providing ample space for family accommodation while offering potential for upgrades that could significantly increase value. The private rear garden is a noteworthy asset, suitable for outdoor activities or landscaping projects. In front, the driveway and garage not only offer parking solutions but also extra storage options for tools or recreational equipment. Situated in proximity to Warley Woods and excellent local amenities including well-rated schools and transport links into Birmingham city centre, this home presents a wonderful opportunity to create a long-term residence tailored to your preferences. With some thoughtful renovations, one could transform this property into a standout family home in an inviting neighbourhood.

Investment Analysis

(B68 area)

Above Market Value

This property is priced +26.0% above area average per sq ft

+26.0%
This Property
£330/sq ft
Area Average
£262/sq ft
Avg Rent (weekly)
£267
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£244,534
10% above area average per sq ft
Potential ROI
-23.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (B68)

Area prices are rising by +5.3% over the last 12 months
3 year growth: +10.0%
5 year growth: +34.2%
Investment Disclaimer: Analysis based on B68 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

Grove Road, Oldbury B68 9JL
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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
£1,010
Based on a loan of £210,000 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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