Worst House on the Street Logo
Wheeler Close, Chadwick End - Image 1
Wheeler Close, Chadwick End - Image 2
Wheeler Close, Chadwick End - Image 3
Wheeler Close, Chadwick End - Image 4
Wheeler Close, Chadwick End - Image 5
Wheeler Close, Chadwick End - Image 6
Wheeler Close, Chadwick End - Image 7
Wheeler Close, Chadwick End - Image 8
Wheeler Close, Chadwick End - Image 9
Wheeler Close, Chadwick End - Image 10
Wheeler Close, Chadwick End - Image 11

Wheeler Close, Chadwick End

West Midlands

£299,950
Listed on 25/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1009 sqft

Description

This three-bedroom semi-detached home is located in a desirable semi-rural area, presenting an excellent opportunity for renovation and investment. With solid structural features and ample living space, this property allows for customization to fit various needs. The ground floor includes a reception hall that leads into a spacious lounge area, which conveniently connects to the dining area, creating an inviting flow for family gatherings or entertaining guests. The kitchen, though functional, provides potential for modernization and expansion. Adjacent to the kitchen is a sunroom or lean-to that can be transformed into additional living space or used as a cozy retreat overlooking the garden. Upstairs, you will find three bedrooms, each offering a good amount of natural light and potential for updating. The shower room presents an opportunity for a complete remodel to better suit contemporary standards. Outside, the property features gardens on both the side and rear, providing ample space for landscaping projects or outdoor leisure areas. With no upward chain involved in the sale, this property is primed for new owners looking to invest in improvements or development (subject to planning permission). Being situated in a sought-after location adds further appeal; residents can enjoy the tranquility of semi-rural living while still being conveniently close to local amenities and transport links. This home not only serves as a comfortable residence but also stands as a promising investment with plenty of scope for enhancement.

Investment Analysis

(B93 area)

Below Market Value

This property is priced -33.5% below area average per sq ft

-33.5%
Potential saving
This Property
£297/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£414
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£496,014
10% above area average per sq ft
Potential ROI
+45.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
300%
Properties sold annually

Local Market Trend (B93)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -7.2%
5 year growth: +2.5%
Investment Disclaimer: Analysis based on B93 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

Wheeler Close, Chadwick End
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £224,962 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development