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St Michaels, Tenbury Wells, Worcestershire, WR15 8TG - Image 1
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St Michaels, Tenbury Wells, Worcestershire, WR15 8TG

West Midlands

£350,000
Listed on 08/07/2025

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1334 sqft

Description

This detached bungalow offers significant renovation potential, situated on a spacious plot in the desirable village of St Michaels, surrounded by picturesque rolling countryside. It features a kitchen/breakfast room, sitting room, dining hall, conservatory, study, two double bedrooms, family bathroom, utility room, and cloakroom. The property benefits from an attached double garage and ample driveway parking. With a generous west-facing garden ideal for outdoor living, this home presents a unique opportunity to create a dream residence with stunning views. Though it requires substantial refurbishment including replacement flat roofing over the garage and utility area as well as an update to its drainage system, the overall layout and extensions provide a solid foundation for transformation. No upward chain allows for immediate engagement with this investment opportunity.

Investment Analysis

(WR15 area)

Below Market Value

This property is priced -13.0% below area average per sq ft

-13.0%
Potential saving
This Property
£262/sq ft
Area Average
£302/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£442,715
10% above area average per sq ft
Potential ROI
+0.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (WR15)

Area prices are falling by -9.3% over the last 12 months
3 year growth: -2.6%
5 year growth: +5.9%
Investment Disclaimer: Analysis based on WR15 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

St Michaels, Tenbury Wells, Worcestershire, WR15 8TG
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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.

Price History

-9.1% since listed
£350,000£35,000(-9.1%)
28/08/2025
Current price
£385,000Initial listing
07/07/2025

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