Home buyers always love to snap up a bargain - whether it is at an auction or if securing their dream property after some savvy negotiations with the vendors.
With average house price in the West Midlands now £248,316, according to Rightmove, many buyers try to shave a few thousand pounds off the asking price.
However, when it comes to premium homes, the savings can be significant. We have found five homes in our region that have recently been reduced, meaning buyers could save between £100,000 and £250,000 off the original market price.
Read more:On the market: the Birmingham home that Walt Disney is believed to have visited
Close to Red House Park and a short drive to junction seven of the M6 is this six-bedroom detached house in Great Barr.
On the market for £1 million, it has had a huge £250,000 taken off the listing price since it was put up for sale in November.
However, the property, which also has four bathrooms, is currently being refurbished and is offered as a cash price only to reflect that it is a shell and needs the kitchen and bathrooms to be installed, plus all other works to be completed.
Inside Newton Road, Great BarrView gallery
The agents, Connells, says that anyone wishing to buy it as a complete property can do so at the original asking price of £1.25 million.
They say: “The vendor has advised kitchen and bathrooms are on order and will be fitted at the customer's request. Anybody looking to obtain a mortgage at the point of sale should advise the office when making an offer, as disclosed the property is currently only a shell.”
The house has a wraparound driveway for several vehicles, underfloor heating in the lounge and kitchen. Bifold doors open onto the back garden.
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This grade II listed home is located on one of Solihull’s most sought-after roads and has been reduced by £200,000 since Christmas.
It is now on the market for offers over £1 million after being listed for as much as £1.35 million last year.
Designed in the 1950s by renowned architect D Rosslyn Harper for him and his family to live in, it is a four-bedroom home that is inspired by the pioneering US architect Frank Lloyd Wright, whose 1935 house Fallingwater has been described as “the best all-time work of American architecture”.
Inside 79 Lovelace Avenue, SolihullView gallery
The Agents Property Consultants said while the house has attracted attention from prospective buyers, they have been more interested in the land and have wanted to demolish the house to rebuild a grand design of their own. However, because it is listed, the property is protected.
It sits in 0.65 acres of grounds and comes with full planning permission for a sympathetic extension.
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First listed in October 2020 for £1.95 million, this six-bedroom, five-bathroom home in the pretty Warwickshire of Tanworth-in-Arden is now on the market for £1.685 million. It was last reduced in December when £65,000 was shaved off the price.
It is described by agents Knight Frank as a “beautiful and sizeable family home with immaculate gardens” and that it sits in “an idyllic location, private yet not isolated, and situated a short distance from the village centre”.
The ground floor has three reception rooms - a large sitting room overlooking the driveway, a garden room with bifold doors to the garden, a drawing room that also opens onto the garden, plus a study and open-plan kitchen, breakfast, family room.
Inside Forge End, Tanworth-in-ArdenView gallery
The kitchen area has fitted units with granite worktop and breakfast bar, as well as integrated appliances such as oven, microwave, fridge freezer, dishwasher, washing machine and dryer. This room has space for a dining table and seating area with bifold doors opening out to the rear.
There is a further open-plan kitchen dining room with fitted units, breakfast bar, integrated appliances including a range-style cooker, double oven microwave, fridge freezer, and dishwasher.
The first floor houses the principal bedroom suite with a dressing room and en suite bathroom and there are two further double bedroom suites accessed via a separate staircase. These each have en suite shower rooms and fitted wardrobes.
There are another three bedrooms, one of which has en suite facilities, and a family bathroom.
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With open countryside views, 1.5 acres of grounds and 6030 sq ft of living accommodation, this extended six-bedroom house sits in one of Warwickshire’s most sought-after villages.
Lewberry Close is on the market for £2.575 million, having been reduced by £100,000.
It has four reception rooms, four bathrooms, underfloor heating on both the ground floor and first floor and a sophisticated CCTV and alarm system.
Inside Lewberry CloseView gallery
The large reception room overlooks the rear garden and French doors open onto the patio. The focal point of this room is a modern Inglenook fireplace with log burner, bressummer beam and brick herringbone hearth.
The dining room also has garden views while the family room has a bespoke media centre that is inset into the wall.
The kitchen has four sets of French doors that lead out to the rear and side gardens and is fitted with bespoke sage Shaker-style cabinets, plus integrated American-style fridge freezer, dishwasher, wine cooler and four door Aga. A central island has a breakfast bar, plus fitted oven and microwave.
A cloakroom and study complete the ground floor accommodation.
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Upstairs there is a triple aspect principal bedroom with dressing room, fitted wardrobes and drawers, plus en suite bathroom with large walk-in rainforest shower, bath, heated towel ladder, WC and wall hung wash hand basin.
Two further bedrooms have en suite facilities, while the fourth bedroom has an inglenook fireplace, log burner, granite hearth and fitted oak cupboards.
Bedrooms five and six are on the second floor.
The south-facing gardens are landscaped and include lawn, mature borders with hedges, shrubs and trees, a pond, terrace, and covered oak veranda with lighting. A two-acre paddock, opposite the property, is also available for sale by separate negotiation.
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First listed for £1.3 million in December 2021, this grade II listed barn conversion in Barford has now been reduced by £100,000.
The detached, five-bedroom property, part of which is a thatched cottage, is described as being “located in an enviable position in the heart of this desirable village”.
It has a wealth of character features, including exposed timbers and fine roof trusses, exposed brickwork, antique fireplaces with an inglenook, antique boarded floors, very old front door and an Arts & Crafts fireplace.
Inside Church Lane, BarfordView gallery
The accommodation stretches to four reception rooms – living room, orangery, music room and computer room – plus a kitchen with limestone floor, painted units with island, Lacanche range cooker and integrated appliances.
As well as the living space on the ground floor, there is an additional room that could be used as a sixth bedroom and it comes with an en suite toilet with wash basin. The five bedrooms are on the first floor and include a principal suite with fitted oak furniture and en suite, and two shower rooms. The second floor has an attic studio.
The garden has a high brick wall to the lane and hedging, as well as lawns, borders, two brick and tiled Victorian garden stores and hand gate to the recreational field behind the property. There is also a 17ft spa pool right by the house.
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