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Jowetts Lane, West Bromwich, West Midlands B71 - Image 1
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Jowetts Lane, West Bromwich, West Midlands B71

West Midlands

£220,000

Listed on 06/06/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house presents a promising investment opportunity, ideal for investors or buyers eager to undertake a renovation project. It boasts convenient transport connections and is strategically located near schools, making it suitable for both rental income and as a family residence. The layout includes two reception rooms, a kitchen, a bathroom, and three bedrooms, along with double glazing throughout. The property is offered freehold with no upward chain, facilitating a smooth purchase process. Internally, the ground floor comprises an entrance hallway leading to two distinct reception areas—one featuring laminate flooring and the other with vinyl flooring. The kitchen includes essential amenities with tiled floors and walls, providing a functional space that may benefit from modernization. A small utility room adds potential for reconfiguration or enhancement. On the first floor, three bedrooms await transformation to optimize their use of space. The bathroom is equipped with necessary fixtures, but updating could enhance its appeal significantly. Outside, the front offers a paved area while the rear features a low-maintenance patio and artificial lawn—both areas could see value added through landscaping or garden improvements. Overall, this property holds considerable promise for those looking to invest in renovations or enhance its living conditions.

Investment Analysis

(B71 area)
Area Average
£255/sq ft
Avg Rent (weekly)
£237
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (B71)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +4.3%
5 year growth: +33.9%
Investment Disclaimer: Analysis based on B71 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

Jowetts Lane, West Bromwich, West Midlands B71
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£831
Based on a loan of £165,000 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

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