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Lickey Road, Rednal B45

West Midlands

£230,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1046 sqft

Description

Located in the desirable area of Rednal, Birmingham, this three-bedroom semi-detached property presents a noteworthy opportunity for renovation enthusiasts or investors. The home features spacious interiors characterized by a traditional layout, allowing for significant enhancement and modernization according to individual preferences. With no onward chain, it offers the freedom to embark on a project without delay. The inviting front garden sets the tone for this residence, complemented by convenient on-road parking and a detached garage at the rear—perfect for various storage needs or workshop purposes. Stepping inside reveals a broad hallway leading into a lounge that flows into the dining area through sliding doors, creating an ideal indoor-outdoor connection to the rear garden. The kitchen is long and practical but requires reconfiguration to unlock its full potential. Its access to a lean-to further expands possibilities for creative redesign or even extension with appropriate planning consent. Upstairs, the first floor comprises three bedrooms including a master with fitted wardrobes and bay window that enjoys ample natural light. The additional rooms can serve multiple functions such as guest accommodation or home office space. A shower room completes this level. The rear garden features established landscaping and gated access to the garage, providing both privacy and functionality. This property stands in proximity to essential amenities, transport links, and recreational areas like Lickey Hills Country Park—ideal for families and professionals alike. Excellent local schools enhance its appeal within this vibrant community.

Investment Analysis

(B45 area)

Below Market Value

This property is priced -25.2% below area average per sq ft

-25.2%
Potential saving
This Property
£220/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£259
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£338,334
10% above area average per sq ft
Potential ROI
+25.3%
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
£821
Based on a loan of £172,500 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.

Stamp Duty Calculator

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