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Winchester Close, Rowley Regis, B65 0

West Midlands

£80,000

Listed on 02/06/2026

Property Details

Bedrooms
2
Type
Apartment
Area
487 sqft

Description

This ground-floor apartment, located in Rowley Regis, presents a unique opportunity for cash buyers seeking a renovation project. Spanning approximately 487 sq ft (45.2 sq m), the property is positioned within a well-connected residential area of the West Midlands, making it appealing to potential renters due to its excellent transport links, including access to Birmingham city centre. The interior offers a blank slate that requires comprehensive refurbishment, making it ideal for investors looking to increase capital value and rental yield. The main living space consists of a generous rear-facing reception room featuring an inviting brick-effect wall and ample natural light from the large window. An archway leads into the kitchen, which currently has basic fittings and provides scope for modernization. The property includes two bedrooms: a good-sized double room with built-in wardrobes and a smaller single room that could serve as an office or child's bedroom—both enhancing the apartment's rental appeal. The central bathroom is functional but awaits updates. Set within a modern low-rise block with communal grounds and parking facilities, this apartment holds significant potential for those willing to invest in renovations and improvements.

Investment Analysis

(B65 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%
Potential saving
This Property
£164/sq ft
Area Average
£251/sq ft
Avg Rent (weekly)
£210
Avg Yield
4.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£134,621
10% above area average per sq ft
Potential ROI
+12.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (B65)

Area prices are stable by +0.1% over the last 12 months
3 year growth: +6.8%
5 year growth: +30.4%
Investment Disclaimer: Analysis based on B65 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

Winchester Close, Rowley Regis, B65 0
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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
£302
Based on a loan of £60,000 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

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