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Whalley Road, Wilpshire, BB1

West Midlands

£399,950
Listed on 29/01/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached bungalow presents a significant renovation opportunity in a desirable location. Positioned for easy access, this property offers potential buyers a chance to reimagine the living space to suit modern lifestyles while maintaining its original charm. Upon entering, you will find a hallway that connects to the main living areas, allowing for a thoughtful redesign of the layout. The structure provides a solid foundation that can easily be transformed into an open-plan living space or restored with more traditional separation between rooms. The existing configuration encourages creative adaptability, which is ideal for those looking to implement contemporary design features. The large rear garden is one of the standout features of this property. Its generous size not only offers room for landscaping and recreational activities but also has potential for outbuildings or personal projects. Additionally, the ample driveway and carport facilitate convenient parking solutions. Situated on Whalley Road, this bungalow benefits from its proximity to local amenities and transportation links, enhancing both livability and investment potential. This neighborhood is known for its community feel and accessibility, making it an attractive option for future tenants or buyers seeking an updated family home. Overall, this property represents more than just a renovation project; it is an opportunity to create a customized living environment that reflects your individual style. Whether you're considering extensive renovations or gradual updates, the possibilities here are vast, making it a sound investment in today’s market.

Investment Analysis

(BB1 area)
Area Average
£183/sq ft
Avg Rent (weekly)
£176
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (BB1)

Area prices are rising by +3.2% over the last 12 months
3 year growth: 5.9%
5 year growth: 29.1%
Investment Disclaimer: Analysis based on BB1 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

Whalley Road, Wilpshire, BB1
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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
£1,465
Based on a loan of £299,962 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