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About This Property

Discover what makes this home special

The Mirrlees is a charming detached property located in the B49 5EH postcode area, situated in the heart of Redditch, Worcestershire. This home offers a comfortable living space with one bedroom and one bathroom, ideal for a single occupant or couple seeking a cozy residence. The property features a spacious kitchen and a combined dining/family area on the ground floor, with a lounge and bedroom on the first floor. Its location provides easy access to local amenities and transport links, making it a practical choice for those commuting or enjoying local conveniences.

Set in a well-established residential area, The Mirrlees benefits from proximity to several schools, parks, and shopping facilities. The garden faces east, offering pleasant morning sunlight and a peaceful outdoor space. With a price point of £445,000, it represents a solid investment opportunity in a stable and growing community. The property’s layout and location make it suitable for both first-time buyers and investors looking for rental potential in Redditch.

Property Features

This detached home boasts a well-proportioned kitchen with ample natural light, a versatile dining and family area perfect for entertaining, and a comfortable lounge upstairs. The single bedroom is generously sized, complemented by a modern bathroom. Additional storage cupboards enhance practicality. The east-facing garden provides a tranquil outdoor space with morning sun, ideal for gardening or relaxation. Overall, the property combines functionality with a cozy atmosphere.

DetachedGardenSpacious KitchenDining/Family RoomLoungeSingle Bathroom+2

Local Amenities

Located near Arrow Valley Country Park, residents can enjoy extensive green spaces and outdoor activities. The nearby Redditch Train Station offers direct rail links to Birmingham and other regional hubs, facilitating easy commuting. The area is served by reputable schools including Abbey Primary School and St. Augustine's Catholic High School, making it attractive for families. The Kingfisher Shopping Centre and various supermarkets provide convenient retail options, while local restaurants and cafes add to the community feel. Frequent bus services enhance local connectivity.

Arrow Valley Country ParkRedditch Train StationAbbey Primary SchoolSt. Augustine's Catholic High SchoolKingfisher Shopping CentreLocal supermarkets+2
Redditch Train Station (1.7 miles, 6 mins drive) • 35 mins by train to Birmingham

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£445,000
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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Compare Rates
Purchase Costs
Total Price£445,000
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

Analyzing...
--/100
ChallengingModerateGoodExcellent

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£445,000
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 £1,743/mo rent
Area Price Growth
+2.3%
Average annual increase
5-Year Value Forecast
£498,097
+£53,097 projected gain
5-Year Rent Forecast
£2,172/mo
Based on 4.5% annual growth
Price per Sq Ft£371
Annual Rent Income£20,916
10-Year ROI188%
Break-Even Point20 yrs

Property Value Projection

Based on 2.3% annual growth
£498,097
5yr
£557,529
10yr
£624,052
15yr
£698,513
20yr
£781,858
25yr
Current: £445,000

Monthly Rental Income

Based on 4.5% annual growth
£2,172
5yr
£2,707
10yr
£3,373
15yr
£4,204
20yr
£5,238
25yr
Current: £1,743/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
East-Facing Morning Sun
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Dining / Family
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen
Morning Good
Afternoon Low
Evening Low
Lounge
Morning Low
Afternoon Good
Evening Moderate
Bed 1
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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£445,000
AvailableNB0000035251
View Location Analytics

The Mirrlees

Alcester, Alcester B49 5EH
Alcester Park
1
Bedrooms
1
Bathrooms
1,200
Est. Sq ft
detached
Type

Developer

Bloor Homes
Available Plot Numbers
Plot 93
1 plot(s) available
Ownershipfreehold

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£445,000The Mirrlees

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The Mirrlees
The MirrleesAlcester£445,000

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