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Lickey Road, Rednal B45

West Midlands

£240,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
799 sqft

Description

This three-bedroom semi-detached property in Rednal, Birmingham presents a solid investment opportunity for those looking to modernise a home to their taste. Currently featuring two reception rooms, a kitchen with direct access to the rear garden, and a family bathroom, this residence is ripe for transformation. The spacious living areas include an inviting dining room with a bay window and a lounge that opens onto the garden, perfect for creating a seamless indoor-outdoor living experience. The first floor hosts three bedrooms, one of which includes fitted wardrobes, providing ample space for family living. Outside, the property benefits from manageable front and rear gardens, alongside a garage accessible via Edgewood Road. With local schools, shops, and green spaces within easy reach, and excellent transport links to Birmingham city centre nearby, this home could become an appealing family residence after updates are made. Its location near Cofton Park and Lickey Hills Country Park further enhances its desirability for families seeking outdoor activities. This property demands attention but offers the potential for significant added value through deliberate renovation efforts.

Investment Analysis

(B45 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£300/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£262
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£256,375
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
120%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by -6.7% over the last 12 months
3 year growth: +1.2%
5 year growth: +5.5%
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 Road, Rednal B45
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£866
Based on a loan of £180,000 over 30 years at 4.06% 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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