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Bromley Wood, Bromley Wood, Abbots Bromley - Image 1
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Bromley Wood, Bromley Wood, Abbots Bromley

West Midlands

£450,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This two-bedroom bungalow presents a substantial opportunity for those interested in renovation and investment. Situated in a tranquil rural setting, the property features a spacious layout with ample potential for internal modernization. Alongside the home, there is an integral double garage and generous gardens that can be further developed or landscaped to suit individual tastes. The bungalow occupies a convenient yet secluded position on the outskirts of the desirable village of Abbots Bromley. Residents will appreciate the surrounding countryside views while benefiting from nearby amenities found in local towns like Rugeley and Uttoxeter, which are just a short drive away. These towns offer a wider selection of services including shops, schools, healthcare facilities, and dining options. For commuters, both Stoke on Trent and Derby are within approximately 25 miles. Fair Oaks Bungalow requires updating but offers a thoughtful floor plan that could be adapted to meet modern living standards. The entrance opens into a welcoming hallway leading to a generous living room and a kitchen diner with utility space and side access. Two well-sized double bedrooms and a family bathroom complete the interior layout. This "blank canvas" nature allows for customization based on personal preferences or market demands. Potential buyers should note that the property is subject to an Agricultural Occupancy Condition, which limits occupancy to individuals employed in agriculture or forestry within the locality, adding an additional layer of consideration for investors. Utilities include mains water and electricity along with private drainage and oil-fired central heating. The property is sold freehold with vacant possession, enhancing its appeal as an investment opportunity. Given its location, size, and condition, this bungalow holds significant promise for those willing to undertake renovations in pursuit of creating their ideal home or rental property.

Investment Analysis

(WS15 area)
Area Average
£276/sq ft
Avg Rent (weekly)
£221
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WS15)

Area prices are rising by +8.3% over the last 12 months
3 year growth: 7.7%
5 year growth: 24.2%
Investment Disclaimer: Analysis based on WS15 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

Bromley Wood, Bromley Wood, Abbots Bromley
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,648
Based on a loan of £337,500 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