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Banners Lane, Halesowen

West Midlands

£375,000
Listed on 13/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow

Description

This detached bungalow, located on the desirable Banners Lane in Halesowen, presents a remarkable opportunity for those interested in undertaking a renovation project. With its generous plot and charming position, this property is suitable for buyers aiming to create their dream home or tailor it to family needs. The layout includes three adaptable bedrooms, with one currently used as a lounge but easily convertible back for more living space. The main lounge features expansive floor-to-ceiling windows that overlook the rear garden, adding to the property's appeal. The kitchen connects directly to the lounge and provides access to a patio area, ideal for outdoor entertaining or relaxation. Additionally, a carpeted loft room exists with potential for conversion into further living quarters, pending planning approval. Beneath the bungalow lies a basement space accessed from the garden, offering further development possibilities or ample storage. The exterior comprises a well-maintained rear garden with lawns, mature shrubs, and attractive ponds — perfect for anyone looking to enhance their outdoor living experience. This property offers numerous avenues for improvement within a sought-after location, making it ideal for investors or families seeking personalization options.

Investment Analysis

(B63 area)
Area Average
£259/sq ft
Avg Rent (weekly)
£225
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (B63)

Area prices are rising by +5.2% over the last 12 months
3 year growth: +11.7%
5 year growth: +29.8%
Investment Disclaimer: Analysis based on B63 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

Banners Lane, Halesowen
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,338
Based on a loan of £281,250 over 30 years at 3.97% 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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