Worst House on the Street Logo
Parsons Road, Redditch, Worcestershire B98 - Image 1
Parsons Road, Redditch, Worcestershire B98 - Image 2
Parsons Road, Redditch, Worcestershire B98 - Image 3

Parsons Road, Redditch, Worcestershire B98

West Midlands

£215,000
Listed on 14/04/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
752 sqft

Description

This two-bedroom residence presents a fantastic opportunity for renovation and investment in the West Midlands. The property features a spacious living room that benefits from plenty of natural light, alongside a kitchen/diner that has the potential for modernisation or reconfiguration to create an ideal family space. The generous rear garden, while currently needing some attention, offers significant potential to be transformed into an inviting outdoor area. Upstairs, the well-sized principal bedroom provides ample storage options, while the second bedroom can be adapted for various uses such as a nursery or home office. Located in a well-connected residential neighbourhood close to local amenities and transport links, this home is perfect for buyers looking to personalise their living space or investors seeking to add value through refurbishment.

Investment Analysis

(B98 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£286/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£217
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£216,189
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (B98)

Area prices are stable by +1.0% over the last 12 months
3 year growth: +1.7%
5 year growth: +14.6%
Investment Disclaimer: Analysis based on B98 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

Parsons Road, Redditch, Worcestershire B98
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£761
Based on a loan of £161,250 over 30 years at 3.91% 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

-4.4% since listed
£215,000£10,000(-4.4%)
13/04/2026
Current price
£225,000Initial listing
30/03/2026

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.