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Wadham Close, Rowley Regis

West Midlands

£280,000
Listed on 08/03/2026

Property Details

Bedrooms
2
Type
Detached house
Area
613 sqft

Description

Located in a quiet cul-de-sac on Wadham Close, this detached residence in Rowley Regis presents a unique investment opportunity for those looking to capitalize on its substantial renovation and development potential. The property is set on a generous plot bordered by the scenic Rowley Hills, offering an appealing private environment. Previous planning approvals for a new-build dwelling alongside the existing structure, as well as a two-storey side extension and conservatory, highlight the site's capability for expansion and enhancement. Although these permissions have lapsed, they underscore the viability of future projects that would allow for significant reconfiguration of the current layout into a larger family home accommodating anywhere from three to five bedrooms. The existing layout features an entrance hall, a reception room with an inviting fireplace, and a kitchen that opens into a conservatory. Upstairs are two bedrooms and a family bathroom. Outside, the property boasts a spacious driveway, side lawn areas, and a generous rear garden designed mainly for lawn space coupled with patio areas. With strong demand for both resale and rental properties in the area, combined with its size and historical planning context, this property provides diverse exit strategies including refurbishment for resale or extensive redevelopment. For investors seeking substantial value-added opportunities, early engagement is highly recommended.

Investment Analysis

(B65 area)

Above Market Value

This property is priced +80.8% above area average per sq ft

+80.8%
This Property
£457/sq ft
Area Average
£253/sq ft
Avg Rent (weekly)
£210
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£170,328
10% above area average per sq ft
Potential ROI
-49.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
65%
Properties sold annually

Local Market Trend (B65)

Area prices are stable by -1.1% over the last 12 months
3 year growth: +5.2%
5 year growth: +28.4%
Investment Disclaimer: Analysis based on B65 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

Wadham Close, Rowley Regis
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £210,000 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.

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