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Wood Lane, Wedges Mills, Cannock

West Midlands

£230,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1033 sqft

Description

This traditional double-fronted detached family home presents an excellent opportunity for renovation and investment. Located in the tranquil area of Wedges Mills, the property features a welcoming entrance hallway, a spacious lounge, and a breakfast kitchen along with a utility room and guest WC. A conservatory adds to the living space, making it ideal for family gatherings. The first floor comprises two generously sized double bedrooms, one of which is complemented by a newly fitted large en-suite bathroom. This property boasts a good-sized rear garden that offers privacy and potential for extension, subject to necessary planning permissions. The front lawn and driveway allow parking for several vehicles, enhancing the property's curb appeal while providing ample outdoor space. With its recent addition of a summerhouse equipped with WiFi and electricity, this home provides an inviting space for relaxation or entertainment after a long day. The property's scope for enhancement makes it an attractive prospect for those looking to create their dream home.

Investment Analysis

(WS11 area)

Below Market Value

This property is priced -10.4% below area average per sq ft

-10.4%
Potential saving
This Property
£223/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£212
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£282,371
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
52%
Properties sold annually

Local Market Trend (WS11)

Area prices are stable by +1.1% over the last 12 months
3 year growth: +4.9%
5 year growth: +16.0%
Investment Disclaimer: Analysis based on WS11 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

Wood Lane, Wedges Mills, Cannock
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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
£830
Based on a loan of £172,500 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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