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Spirehouse Lane, Burcot B60

West Midlands

£550,000

Listed on 14/06/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
1465 sqft

Description

Set within a generous plot in the attractive rural hamlet of Burcot, this three-bedroom semi-detached cottage provides a compelling opportunity for renovation and investment. With a wealth of character and ample flexible space, the property includes an expansive barn, a substantial detached workshop, and a separate garage, which opens the door to potential various uses such as residential annexe creation or home business ventures (subject to planning permissions). The property introduces itself through a secure electric-gated driveway leading to ample parking and access to the double garage that boasts a fully boarded loft space with potential for conversion or further development. The ground floor features an inviting reception hall that connects to a spacious kitchen/breakfast area, utility room, cloakroom/WC, and an open-plan lounge/dining room highlighted by a wood-burning stove. Upstairs is home to three well-defined bedrooms—including a principal suite with en-suite—and a family bathroom designed with leisure in mind. The extensive external grounds offer further renovation prospects; featuring lush lawns, mature trees, and extensive workshop facilities equipped with power and lighting. This property not only provides immediate living comfort but also significant upside potential for savvy investors or those looking to create their dream home in the countryside while benefiting from good transport links and local amenities.

Investment Analysis

(B60 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£375/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£539,047
10% above area average per sq ft
Potential ROI
-13.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (B60)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +1.7%
5 year growth: +11.1%
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

Spirehouse Lane, Burcot B60
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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
£2,078
Based on a loan of £412,500 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

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