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Broadway Road, Evesham

West Midlands

£800,000
Listed on 28/02/2025

Property Details

Bedrooms
3
Type
Detached house
Area
3283 sqft

Description

This detached bungalow, set in a peaceful area on the outskirts of Evesham, offers a spacious three-bedroom layout with significant renovation and investment potential. The property features a distinctive mezzanine level that could be reimagined to serve various purposes, such as an additional living area, office space, or even extra bedrooms—a valuable option for those looking to expand accommodation for a growing family or guests. The generous outdoor space not only provides a serene environment for gardening and recreation but also presents opportunities for possible extensions (subject to obtaining planning permission). With its well-thought-out design conducive to family life, the interior includes several reception rooms that are primed for modern updates and personal touches. Additionally, the double garage contributes ample storage and parking solutions. Potential buyers should note the sustainable aspects of this bungalow, including energy-efficient features like underfloor heating and solar panels. Despite its tranquil setting, the property is conveniently located near local amenities and transport links, striking an ideal balance between privacy and accessibility. This home represents a unique chance to tailor a property into one’s dream residence while capitalizing on its inherent potential.

Investment Analysis

(WR11 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£244/sq ft
Area Average
£298/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£1,074,542
10% above area average per sq ft
Potential ROI
+24.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (WR11)

Area prices are rising by +3.5% over the last 12 months
3 year growth: +4.5%
5 year growth: +13.4%
Investment Disclaimer: Analysis based on WR11 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

Broadway Road, Evesham
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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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