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Redditch Road, Stoke Heath, Bromsgrove, Worcestershire B60 - Image 1
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Redditch Road, Stoke Heath, Bromsgrove, Worcestershire B60

West Midlands

£550,000
Listed on 11/05/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1010 sqft

Description

This spacious detached bungalow, set on a generous plot of 0.27 acres in Stoke Heath, offers an array of possibilities for renovation and development, making it a prime investment opportunity. The property features three well-sized double bedrooms along with a separate kitchen and dining area, providing ample space for comfortable living and entertaining. The family bathroom includes a bath, making it suitable for relaxation after a busy day. Outside, the expansive in-and-out driveway ensures convenient off-road parking for multiple vehicles. The large rear garden not only serves as an excellent outdoor retreat but also presents potential for further landscaping or extension projects. Additionally, the existing timber garden studio currently utilized as a dance studio hints at the possibility of creating additional functional spaces subject to planning permissions. Conveniently located with easy access to transport links including the M5 motorway, this property is ideal for commuters while being close to local amenities such as Webbs of Wychbold Garden Centre and Bromsgrove town centre with its variety of shops and services. Overall, this bungalow stands as a versatile canvas ready for transformation into your dream home or an attractive investment venture.

Investment Analysis

(B60 area)

Above Market Value

This property is priced +65.0% above area average per sq ft

+65.0%
This Property
£545/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£240
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£366,574
10% above area average per sq ft
Potential ROI
-38.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (B60)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +0.2%
5 year growth: +9.1%
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

Redditch Road, Stoke Heath, Bromsgrove, Worcestershire B60
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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
£1,962
Based on a loan of £412,500 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.

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