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Land, Foley Gardens, Stoke Prior, Bromsgrove B60 - Image 1
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Land, Foley Gardens, Stoke Prior, Bromsgrove B60

West Midlands

£440,000
Listed on 13/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property presents a valuable development opportunity in the semi-rural village of Stoke Prior, Bromsgrove, with full planning permission already granted for two detached five-bedroom homes, each approximately 203 sqm. The site is perfectly positioned within a sought-after community that blends rural appeal with convenient access to local amenities and major transport routes. The proposed dwellings are designed to include spacious living areas, modern kitchens with dining spaces, and private gardens, catering to contemporary family lifestyles. Given the current planning status, this project is ideal for developers or individuals looking to create their dream homes while capitalizing on the region's growing demand for quality housing. Additional features include off-street parking and a versatile ground floor layout accommodating multiple uses—whether as living space or home office setups—enhancing its attractiveness in today's market. Notably, the property’s EPC rating of F indicates potential for energy-efficient upgrades post-construction. Note that while access to services will need to be established through designated routes on-site, the existing green belt surrounds allow for potential outdoor leisure opportunities. This project not only offers physical renovation but also represents a strategic investment in an area with promising growth prospects.

Investment Analysis

(B60 area)
Area Average
£326/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £450,000
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
40%
Properties sold annually

Local Market Trend (B60)

Area prices are rising by +5.1% over the last 12 months
3 year growth: 6.3%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on B60 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

Land, Foley Gardens, Stoke Prior, Bromsgrove B60
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,612
Based on a loan of £330,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE