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Nr Tenbury Wells, WR15

West Midlands

£800,000
Listed on 22/03/2026

Property Details

Bedrooms
6
Type
Detached
Area
4695 sqft

Description

Nestled in the serene hamlet of Kyrewood, overlooking Tenbury Wells, this property presents an excellent opportunity for investors and renovators. With its historical significance as part of the Newnham and Kyrewood Estate dating back to the 17th century, Lower Kyrewood offers a unique blend of character and potential. The main house boasts traditional features such as brick-tiled floors, deep inglenooks, and timber trusses, all of which contribute to its charm. Although much of the roofing has been updated, further renovations can enhance its appeal while preserving its heritage. Spanning two buildings, including the charming Kiln Cottage converted 25 years ago, there is ample scope to reconfigure spaces for modern living or even explore rental opportunities. The expansive grounds are framed by mature trees and orchards that suggest potential for garden development or landscaping improvements. The property also includes a versatile Wain House that holds promise for various uses pending necessary consents. With essential services like mains water and electricity already in place, along with heating systems for both properties, this investment is ripe for refurbishment while being conveniently located near local amenities including schools and shops.

Investment Analysis

(WR15 area)

Below Market Value

This property is priced -43.5% below area average per sq ft

-43.5%
Potential saving
This Property
£170/sq ft
Area Average
£302/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,558,130
10% above area average per sq ft
Potential ROI
+73.1%
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

Nr Tenbury Wells, WR15
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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
£2,885
Based on a loan of £600,000 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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