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Well Meadow, Bridgnorth

West Midlands

£255,000
Listed on 04/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
971 sqft

Description

This three-bedroom semi-detached home offers a unique opportunity for renovation and investment, situated in a desirable area with excellent potential for expansion. The property features a generous plot that has received planning permission (application 23/00017/FUL) for a two-storey extension, allowing you to enhance the living space significantly by adding a front porch, playroom, additional reception room, study, and an expansive bedroom suite complete with dressing area and ensuite bathroom. The current layout includes a spacious open-plan living, dining, and kitchen area that benefits from abundant natural light through both patio doors and a large bow window. The kitchen is equipped with modern white cabinetry paired with contrasting work surfaces and offers integrated appliances, making it functional while retaining scope for updates. Additional highlights include an entrance hall with a staircase leading to the first floor, three well-proportioned bedrooms—each providing views over the surrounding rooftops towards the historic Bridgnorth townscape featuring St. Mary's Church. The family bathroom is fitted with both a bath and separate shower cubicle for convenience. Outdoor space is versatile, comprising a low-maintenance garden suitable for children and ample off-street parking available via a brick-paved driveway accommodating several vehicles or even a caravan/campervan. Two garages—one attached and one detached—offer further storage or workspace options. Located in Well Meadow, this property enjoys proximity to community amenities such as grocery stores and access to riverside walks along the River Severn. Bridgnorth itself boasts various facilities including reputable schools, healthcare services, shops, traditional pubs, dining options, and leisure activities. The rich historical context of Bridgnorth adds to its appeal; visitors often explore landmarks like the castle ruins or take rides on the steepest inland railway in England. This location not only provides a charming lifestyle but also represents an attractive investment opportunity due to its growing popularity among families and tourists alike. The property is rated 'D' on its energy performance certificate (valid until August 2029) and comes under Shropshire's local authority jurisdiction (Council Tax Band C). With all mains services available and freehold tenureship confirmed, this residence stands as an ideal candidate for those looking to invest in an evolving market while enjoying the advantages of this picturesque town.

Investment Analysis

(WV15 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£263/sq ft
Area Average
£293/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£312,686
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
3
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (WV15)

Area prices are falling by +2.7% over the last 12 months
3 year growth: 2.4%
5 year growth: 17.1%
Investment Disclaimer: Analysis based on WV15 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

Well Meadow, Bridgnorth
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£934
Based on a loan of £191,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE