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Lickey Road, Rednal B45

West Midlands

£240,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
799 sqft

Description

This three-bedroom semi-detached property in Rednal, Birmingham presents a prime opportunity for renovation and investment. Currently featuring a kitchen, two reception rooms, and a family bathroom, the home requires modernisation throughout to unlock its full potential. The layout includes a dining room with a bay window, a lounge that opens to the rear garden via sliding doors, and an externally accessible kitchen. Upstairs, there is a principal bedroom along with two additional bedrooms and the family bathroom. The exterior boasts front and rear gardens alongside a garage with access from Edgewood Road. With on-road parking available, this home is set in a well-connected area with local amenities including schools, shops, and parks nearby. Given the proximity to Cofton Park and Lickey Hills Country Park, it’s an ideal setting for families looking to enjoy both urban convenience and natural beauty. Investment in renovations could transform this into an appealing family residence or rental property.

Investment Analysis

(B45 area)

Above Market Value

This property is priced +2.2% above area average per sq ft

+2.2%
This Property
£300/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£258,441
10% above area average per sq ft
Potential ROI
-7.7%
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
29%
Properties sold annually

Local Market Trend (B45)

Area prices are falling by -6.0% over the last 12 months
3 year growth: -1.0%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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