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Crown Mews, Prospect Hill, Redditch, B97 4DU

West Midlands

£250,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Office
Area
1187 sqft

Description

This semi-detached office building spans four storeys and offers a total area of approximately 1187 square feet. The layout features a central staircase, with private and shared offices, along with essential facilities including a WC and kitchenette. Notably, the extensive basement provides substantial storage capacity. Although the property does not come with designated parking, ample day and display parking options are conveniently available nearby in the town centre. Situated on Church Green, this property is located within the heart of Redditch’s prime professional area known as The Golden Triangle. Communication links are excellent, with both Redditch Train and Bus Stations just a short walk away and easy access to the M42 via Junction 2 within five minutes. Currently designated for office use, there exists potential for conversion into residential units, subject to planning permissions from Redditch Borough Council—a prospect that could significantly enhance its value. This freehold property is serviced by all mains utilities and awaits your vision for its future.

Investment Analysis

(B97 area)

Below Market Value

This property is priced -27.6% below area average per sq ft

-27.6%
Potential saving
This Property
£211/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£194
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£379,632
10% above area average per sq ft
Potential ROI
+26.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B97)

Area prices are stable by -1.7% over the last 12 months
3 year growth: +1.5%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on B97 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

Crown Mews, Prospect Hill, Redditch, B97 4DU
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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

This calculation uses non-residential (land/commercial) tax rates.

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