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Brook Lane, Great Wyrley, WS6 6BQ

West Midlands

£190,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
638 sqft

Description

This detached bungalow presents a promising opportunity for renovation, located in a desirable village setting that boasts convenient access to local amenities and efficient transport links. The layout includes an entrance porch leading into a hallway that connects to the spacious living room and kitchen, creating a functional flow throughout the home. The property features two generous double bedrooms along with a well-sized bathroom, offering ample space for customization and updating. At the rear, you'll find two storage outbuildings that could be repurposed or renovated to enhance utility. The private walled garden at the back provides a secluded outdoor area, ideal for landscaping projects or potential extensions. A side gate grants access to the front of the property, where there is potential to create off-road parking by adding a driveway—an important factor in increasing property value. With no onward chain, this bungalow invites creative vision and investment potential, making it an appealing choice for those looking to put their personal touch on a solid structure in a sought-after location.

Investment Analysis

(WS6 area)

Above Market Value

This property is priced +13.3% above area average per sq ft

+13.3%
This Property
£298/sq ft
Area Average
£263/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£184,398
10% above area average per sq ft
Potential ROI
-19.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
54%
Properties sold annually

Local Market Trend (WS6)

Area prices are stable by +2.0% over the last 12 months
3 year growth: 4.3%
5 year growth: 24.1%
Investment Disclaimer: Analysis based on WS6 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

Brook Lane, Great Wyrley, WS6 6BQ
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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
£696
Based on a loan of £142,500 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