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11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 1
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 2
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 3
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 4
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 5
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 6
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 7
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 8
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11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 10
11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP - Image 11

11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP

West Midlands

£300,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Commercial Development

Description

This property presents a unique opportunity on a prominent corner site, historically serving as a bank with additional retail and residential spaces. The ground floor houses a spacious banking hall paired with office areas and interview rooms, all offering considerable street visibility on High Street. The first floor continues the office theme but includes essential staff welfare amenities. Importantly, an independent section accessible from Queen Street offers self-contained residential units that feature charming character elements including fireplaces, ripe for renovation or potential redevelopment into modern housing, pending necessary approvals. Additionally, there is a retail unit along Queen Street that is largely open plan but requires significant refurbishment due to prior fire damage. This represents an opportunity for investors to enhance the commercial appeal of the property. Above this retail space are former residential quarters consisting of four rooms along with kitchen/lounge and bathroom facilities. Externally, the property boasts a spacious yard/parking area accessible from Queen Street, which could also be considered for future redevelopment opportunities subject to planning consent. Located in the heart of Cradley Heath, surrounded by diverse retail and leisure facilities, this site benefits from strong transport links to both local and regional destinations.

Investment Analysis

(B64 area)
Area Average
£241/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
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
16%
Properties sold annually

Local Market Trend (B64)

Area prices are rising by +5.8% over the last 12 months
3 year growth: +15.5%
5 year growth: +30.4%
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

11, 12, 12a, 13 & 14 High Street, Cradley Heath High Street, B64 5HP
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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
£1,133
Based on a loan of £225,000 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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