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Owletts Lane, Wick, WR10

West Midlands

£450,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
1427 sqft

Description

This distinctive three-bedroom residence, formerly a kiln, is situated in a charming village setting and presents an excellent chance for renovation and modernization. With its multi-level design, the property offers flexible living spaces that can be reconfigured to suit contemporary lifestyles. The entryway leads to an ample kitchen and a spacious split-level lounge/dining area that benefits from plenty of natural light. Additionally, the ground floor includes a convenient downstairs WC and a versatile room that can serve as either a study or third bedroom. On the upper floors, there are two generous double bedrooms, along with a family bathroom and a separate WC. The exterior features a sizable plot with gravelled parking, complemented by a double garage that provides extra storage above—perfect for hobbies or additional storage needs. The rear garden is predominantly laid to lawn, featuring a patio area and pond, all enclosed for privacy, offering great potential for landscaping or outdoor entertainment. Conveniently located near the amenities of Pershore and Evesham with good transportation links while retaining the peacefulness of village life, this property is ideally suited for buyers looking for a project in an exceptional locale. Offered with no onward chain, it’s an opportunity ripe for those eager to invest in transforming this unique home into something remarkable.

Investment Analysis

(WR10 area)

Below Market Value

This property is priced -0.6% below area average per sq ft

-0.6%
Potential saving
This Property
£315/sq ft
Area Average
£317/sq ft
Avg Rent (weekly)
£342
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£497,752
10% above area average per sq ft
Potential ROI
+1.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
40%
Properties sold annually

Local Market Trend (WR10)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -2.1%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on WR10 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

Owletts Lane, Wick, WR10
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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
£1,623
Based on a loan of £337,500 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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