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Salisbury Drive, Kidderminster

West Midlands

£150,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
835 sqft

Description

This three-bedroom mid-terrace home in Kidderminster offers substantial potential for transformation, making it an ideal project for investors or first-time buyers looking to add personal touches. The property boasts a practical layout with spacious interiors that are ready to be modernised to meet contemporary living standards. On the ground floor, you will find a bright living room that stretches the full length of the house, allowing for flexible use as both a living and dining space. The kitchen, which connects directly to the rear garden, is functional yet ripe for updating with modern finishes and appliances. Upstairs, the property features three well-sized bedrooms along with a bathroom that includes basic amenities and a separate WC; both spaces could benefit from an overhaul to enhance comfort and usability. The enclosed rear garden is expansive and offers privacy, presenting an excellent opportunity for landscaping or outdoor enhancements to create inviting social areas. Situated in a popular residential neighbourhood near essential amenities such as schools, shops, and transport links, this home is ideally positioned for family living or investment purposes. With good local schools and easy access to parks and transport networks, it combines convenience with potential growth in value through renovation.

Investment Analysis

(DY11 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£180/sq ft
Area Average
£259/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£238,305
10% above area average per sq ft
Potential ROI
+32.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
63%
Properties sold annually

Local Market Trend (DY11)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +4.4%
5 year growth: +19.4%
Investment Disclaimer: Analysis based on DY11 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

Salisbury Drive, Kidderminster
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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
£541
Based on a loan of £112,500 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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