Pumphouse Lane, Blackwell B60

West Midlands

£40,000

Listed on 22/04/2026

Property Details

Bedrooms

N/A

Type

Land

Description

This parcel of land, spanning approximately 0.4 acres, is located off Pumphouse Lane in the attractive area of Bromsgrove, Worcestershire. Benefiting from gated vehicular access, this site combines a tranquil semi-rural environment with the convenience of proximity to local amenities and transport links found in Bromsgrove town centre. The land offers significant potential for various development opportunities, subject to obtaining planning permissions. It represents a valuable investment for developers or investors seeking to capitalize on the growing demand for land in this thriving region. With ongoing growth in Worcestershire's property market, securing this land could provide substantial long-term benefits.

Investment Analysis

(B60 area)

Area Average

£330/sq ft

Avg Rent (weekly)

£247

Avg Yield

3.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£30,000 - £60,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

27%

Properties sold annually

Local Market Trend (B60)

Area prices are rising by +4.7% over the last 12 months

3 year growth: +3.7%

5 year growth: +13.0%

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

Pumphouse Lane, Blackwell B60

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£142

Based on a loan of £30,000 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.