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Green Lane, Halesowen B62

West Midlands

£130,000

Listed on 23/06/2026

Property details

Bedrooms
2
Type
Flat

Description

Located in a desirable residential area of Halesowen, this ground floor two-bedroom apartment offers a promising prospect for first-time buyers, downsizers, or investors looking to enhance their property portfolio. The spacious layout includes a welcoming entrance hall, a generous living room that flows into the kitchen area, two ample-sized double bedrooms, and a bathroom. The property has good energy efficiency features with most windows being double glazed and it benefits from gas central heating. While the apartment requires some modernization to meet contemporary tastes and standards, it presents an excellent opportunity for customization and value enhancement. Externally, the property comes with the added benefit of an allocated parking space and a rear garden area, providing space for outdoor relaxation. It's conveniently situated near local amenities and transport links, making it an ideal choice for those who value accessibility. Note that there is Japanese Knotweed identified nearby which may necessitate further investigation before financing options are considered.

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Investment analysis

(B62 area)
Area Average
£297/sq ft
Avg Rent (weekly)
£247
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£12,000 - £18,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (B62)

Area prices are stable by -0.2% over the last 12 months
3 year growth: +2.6%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on B62 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

Green Lane, Halesowen B62
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£491
Based on a loan of £97,500 over 30 years at 4.45% 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

Next Steps

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