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Spies Lane, Halesowen, B62 9ST

West Midlands

£300,000

Listed on 08/09/2026

The listing

Property details

Bedrooms
3
Type
Semi Detached
Area
909 sqft

Description

This semi-detached house on Spies Lane in Halesowen presents an excellent opportunity for buyers seeking a property with potential for enhancement. The three-bedroom layout offers spacious accommodation, complemented by off-road parking and a useful garden outbuilding that can serve various purposes, including a home office or hobby space. Set back from the road, the property features a welcoming driveway, providing convenient access. Inside, the well-proportioned reception room serves as a comfortable area for both everyday living and entertaining. The practical layout allows for personalisation, making it easy to update and enhance the interiors according to individual tastes. Upstairs, you will find three bedrooms along with a family bathroom, offering versatile accommodation suitable for couples, families, or those in need of extra space. The private rear garden adds to the appeal, providing a tranquil outdoor area for relaxation or play. Located in the sought-after B62 area, this home is conveniently positioned near local amenities, schools, and transport links. With its current offerings and exciting potential for further enhancement, this property is a fantastic choice for those looking to make their mark.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

31out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom semi-detached home on Spies Lane offers a solid foundation for buyers looking to invest in a project. While the asking price of £300,000 is slightly above the local average at £330/sqf compared to £297/sqf, it provides an opportunity to enhance and personalize the interiors. The property features some dated elements, particularly in the functional kitchen, and general wear in the living areas and bedrooms, allowing for a straightforward renovation project that could add significant value. The presence of off-road parking and a private rear garden with a separate outbuilding adds appeal, particularly for those looking to establish a home office or creative space.

However, the economics of the deal present a challenge. The all-in costs, estimated at £360,000 factoring in refurbishment, stretch beyond local benchmarks for similar properties, leading to a potential margin squeeze. This aspect should be carefully considered, as it limits the overall opportunity. Despite these concerns, the property is well-positioned in a desirable area, making it an interesting option for buyers willing to invest in improvements.

Key opportunities

  • Potential to modernize dated interiors and enhance overall appeal.
  • Versatile outbuilding suitable for home office or studio use.
  • Off-road parking and a private rear garden add to the property's attractiveness.

Key risks

  • All-in renovation costs may exceed local benchmarks, impacting potential return on investment.

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Map

Location

Spies Lane, Halesowen, B62 9ST
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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