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Salt Way, Astwood Bank B96

West Midlands

£275,000
Listed on 21/08/2025

Property Details

Bedrooms
2
Type
Detached house
Area
861 sqft

Description

This detached bungalow offers an appealing opportunity for renovation and investment, situated in a picturesque rural setting. With two bedrooms, a generous living room, and a kitchen/diner, the property spans approximately 967 sq. ft. and is set on a plot of around 0.37 acres, providing ample space for potential improvements or extensions. Located just off Salt Way (B4090) on the outskirts of New End village, this home enjoys good connectivity to larger towns and major transport routes, with the M5 motorway only 10 miles to the northwest. The village itself features local amenities including a pub and cricket club, while nearby Astwood Bank—just 2 miles away—offers primary and secondary schools as well as essential services like a doctor’s surgery and grocery stores. The market town of Alcester is also within easy reach, located just 3 miles east. Upon entering the bungalow through the porch, you will find a hallway that leads to the various living spaces. The kitchen/breakfast room overlooks the garden and includes a separate utility area with access to parking and outdoor space. The spacious living room features French doors that open onto the garden, creating an inviting area for entertaining or relaxing. The accommodation includes one well-sized double bedroom with fitted wardrobes and a single bedroom, serviced by a family bathroom equipped with a walk-in shower. Outdoors, the property boasts a sizable lawned garden and off-road parking options to accommodate multiple vehicles. A mature hedge provides privacy along the roadside boundary while offering scenic views of the surrounding countryside. It is important to note that Park Farm Bungalow is subject to an Agricultural Occupancy Condition which restricts residency primarily to those employed in agriculture or forestry in the area. This could present both opportunities and challenges for potential buyers considering how best to utilize or develop the property within these parameters. Utilities include mains electricity and gas central heating; water supply is connected through an arrangement with the neighboring property. A septic tank is also installed on-site. With its prime location, generous plot size, and significant renovation potential, this bungalow presents an interesting investment prospect for those looking to create their ideal home or develop further in this sought-after area. Interested parties are encouraged to conduct their own inquiries regarding planning matters as well as any specific requirements related to occupancy conditions.

Investment Analysis

(B96 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£319/sq ft
Area Average
£346/sq ft

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£327,270
10% above area average per sq ft
Potential ROI
-4.8%
After renovation
Monthly Sales
3
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (B96)

Area prices are rising by +15.6% over the last 12 months
3 year growth: 14.1%
5 year growth: 51.6%
Investment Disclaimer: Analysis based on B96 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Salt Way, Astwood Bank B96
Map showing location of Salt Way, Astwood Bank B96
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