About This Property

Discover what makes this home special

The Drake is a charming two-bedroom terraced home located in the suburban area of Redditch, Worcestershire. Offering a well-designed layout with a spacious lounge, a modern kitchen/dining area, and a utility room, this property is ideal for first-time buyers or small families. The rear garden faces south-east, providing pleasant morning and early afternoon sunlight, perfect for outdoor enjoyment. Its location offers a balance of peaceful residential living with convenient access to local amenities and transport links.

Situated within easy reach of Redditch town centre, residents benefit from a variety of shops, schools, parks, and eateries. The nearby Redditch train station connects to Birmingham in just over half an hour, making it suitable for commuters seeking a quieter home base. Planned local regeneration projects promise to enhance the area's appeal and infrastructure, supporting future growth and investment potential.

Property Features

This property features two well-proportioned bedrooms and a single family bathroom upstairs. The ground floor includes a comfortable lounge, a bright kitchen/dining area with ample space for family meals, and a handy utility room for laundry and storage. The south-east facing garden allows for morning and early afternoon sun, enhancing outdoor living. The layout maximizes space and natural light, making it a practical and inviting home.

Two BedroomsOne BathroomUtility RoomSouth-East Facing GardenModern Kitchen/DiningSpacious Lounge+1

Local Amenities

Located in Redditch, the property benefits from proximity to key amenities including the well-regarded St. Bede's Catholic Middle School and Arrow Valley Park, a large green space ideal for recreation. Redditch town centre offers a range of shops, supermarkets such as Aldi, and a variety of dining options. The nearby train station provides reliable rail connections to Birmingham and beyond. This combination of amenities supports a convenient and comfortable lifestyle.

Redditch Train StationArrow Valley ParkSt. Bede's Catholic Middle SchoolAldi SupermarketRedditch Town CentreLocal Pubs and Restaurants
Redditch Train Station (1.7 miles, 6 mins drive) • 35 mins by train to Birmingham

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25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£279,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£279,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Moderate Opportunity
65/100
ChallengingModerateGoodExcellent
Affordable entry price
Good commuter links to Birmingham
Limited international profile of Redditch
Moderate rental demand

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£279,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.7%
Based on £1,093/mo rent
Area Price Growth
+2.3%
Average annual increase
5-Year Value Forecast
£312,290
+£33,290 projected gain
5-Year Rent Forecast
£1,362/mo
Based on 4.5% annual growth
Price per Sq Ft£372
Annual Rent Income£13,116
10-Year ROI188%
Break-Even Point20 yrs

Property Value Projection

Based on 2.3% annual growth
£312,290
5yr
£349,552
10yr
£391,260
15yr
£437,944
20yr
£490,199
25yr
Current: £279,000

Monthly Rental Income

Based on 4.5% annual growth
£1,362
5yr
£1,697
10yr
£2,115
15yr
£2,636
20yr
£3,285
25yr
Current: £1,093/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Site Plan

Location

Commute Time Planner

Birmingham New Street
35 mins
40 mins
Birmingham Airport
50 mins (via train + bus)
30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Lounge
Morning Moderate
Afternoon Good
Evening Low
Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Moderate
Bedrooms
Morning Good
Afternoon Moderate
Evening Low

Location Scores

58
Walk Score
Somewhat Walkable
45
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Commercial and Residential+Positive Impact
Redditch Town Centre Regeneration
1.5 milesEst. 2025
Transport+Positive Impact
Redditch Transport Improvements
1.7 milesEst. 2024
* Information based on local planning applications and may be subject to change

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£279,000
AvailableNB0000035248
View Location Analytics

The Drake

Alcester, Alcester B49 5EH
Alcester Park
2
Bedrooms
1
Bathrooms
750
Est. Sq ft
terraced
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 91
1 plot(s) available
Ownershipfreehold

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£279,000The Drake

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The Drake
The DrakeAlcester£279,000

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