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Totmonslow Farm, Draycott Road

West Midlands

£620,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This distinctive detached three-story residence, accompanied by a former annex, is nestled on a substantial plot exceeding half an acre in a charming rural setting. While the property exudes character, it presents significant opportunities for renovation and modernization, making it an attractive investment for those looking to create their ideal home or capitalize on its potential. The main house features five bedrooms across its three levels, with ample space for reconfiguration to suit contemporary living. The entrance hall welcomes you with original Minton tiles and provides access to various reception areas. The living room boasts a feature fireplace and could serve as a spacious family area. Meanwhile, the sitting room has dual-aspect windows that flood the space with natural light and includes access to the rear dining room. A unique built-in bookcase in the dining area conceals a door leading to a cellar ideal for cold storage. The kitchen, while currently unfitted, retains elements of character such as quarry tiled flooring and stone shelves that could be incorporated into a modern design. On the first floor, you will find two generously sized double bedrooms with front-facing views, along with another double bedroom at the back. This level also includes a bathroom and separate WC that can be updated to meet modern standards. Ascending to the second floor reveals two additional attic bedrooms that mirror the size of those below. The former annex, affectionately known as Elsie's Cottage, is in need of complete refurbishment but holds great potential as a self-contained unit — perfect for accommodating extended family or generating rental income through holiday letting once restored. This cottage consists of two levels and offers scope for creative redesign to maximize its utility. Externally, the property is approached via a wide private drive leading to ample off-road parking next to useful brick-built outbuildings currently utilized for storage. The expansive gardens are predominantly laid to lawn with mature trees providing privacy from neighboring properties. The rear garden extends further into open fields, enhancing its appeal for both relaxation and outdoor activities. With mains water and electricity services connected alongside oil-fired central heating and private drainage, this property provides essential amenities while presenting an exciting opportunity for someone willing to invest time in renovation efforts. The potential exists not only for personal enjoyment but also as an investment asset given its size, location, and separate annex. Located within reach of local amenities yet offering the tranquility of rural life, this property combines charm with significant improvement possibilities — making it an excellent prospect for buyers seeking value in both residence and investment opportunities.

Investment Analysis

(ST10 area)
Area Average
£263/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ST10)

Area prices are rising by +4.1% over the last 12 months
3 year growth: 4.9%
5 year growth: 29.3%
Investment Disclaimer: Analysis based on ST10 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

Totmonslow Farm, Draycott Road
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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
£2,271
Based on a loan of £465,000 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