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Blakeway Close, Broseley

West Midlands

£299,950
Listed on 17/08/2025

Property Details

Bedrooms
3
Type
Detached house
Area
927 sqft

Description

This detached bungalow presents a unique renovation opportunity in a tranquil residential setting, perfect for those looking to create their ideal home or investors seeking a promising project. Situated in Broseley, the property is conveniently close to local amenities and enjoys easy access to picturesque countryside walks. Currently offering three bedrooms, the bungalow requires modernisation throughout, allowing new owners to tailor the space to their tastes and needs. The generous plot provides ample outdoor area and features established gardens both at the front and rear, enhancing its appeal. Off-road parking is available, along with a detached garage that adds practicality and potential for additional storage or workspace. The entrance hallway leads into various rooms, including a lounge with dual aspect windows that create an inviting atmosphere. The kitchen offers functional wall-mounted and base units alongside direct access to the rear garden, making it suitable for future enhancements. Each bedroom has good natural light from its respective windows, while the bathroom and separate W.C are standard but present opportunities for contemporary upgrades. While this property requires some work, its location in a sought-after area of Broseley makes it an exciting investment prospect. With some vision and effort, you can transform this bungalow into a personalized sanctuary or capitalize on its rental potential.

Investment Analysis

(TF12 area)

Above Market Value

This property is priced +14.6% above area average per sq ft

+14.6%
This Property
£324/sq ft
Area Average
£282/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£288,014
10% above area average per sq ft
Potential ROI
-20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TF12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: 3.8%
5 year growth: 26.9%
Investment Disclaimer: Analysis based on TF12 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

Blakeway Close, Broseley
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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
£1,099
Based on a loan of £224,962 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