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Lickey Square, Lickey, Birmingham, Worcestershire B45

West Midlands

£460,000

Listed on 03/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
1032 sqft

Description

This detached bungalow, located in the desirable village of Lickey, presents an exciting opportunity for renovation or investment. With two generously sized double bedrooms and a spacious lounge that seamlessly connects to a kitchen/dining area, the layout offers a functional living space that can be enhanced with modern updates. A conservatory at the rear adds versatility, providing an inviting area to enjoy views over the substantial wrap-around garden. This outdoor space not only ensures privacy but also holds significant potential for extension or landscaping improvements (subject to obtaining necessary planning permissions). The property includes a single garage with rear access and ample driveway parking, enhancing its convenience. Surrounded by beautiful countryside, including nearby Lickey Hills Country Park, it also boasts excellent commuter links via the M5 and M42 motorways and proximity to local schooling. This bungalow is a promising project for those looking to add value through refurbishment in a well-connected location.

Investment Analysis

(B45 area)

Above Market Value

This property is priced +49.8% above area average per sq ft

+49.8%
This Property
£446/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£248
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£337,892
10% above area average per sq ft
Potential ROI
-33.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by -4.2% over the last 12 months
3 year growth: +0.1%
5 year growth: +7.9%
Investment Disclaimer: Analysis based on B45 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

Lickey Square, Lickey, Birmingham, Worcestershire B45
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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
£1,738
Based on a loan of £345,000 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

Price History

-3.2% since listed
£460,000£15,000(-3.2%)
07/04/2026
Current price
£475,000Initial listing
22/03/2026

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