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Whitchurch Road, Prees

West Midlands

£315,000
Listed on 24/01/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1150 sqft

Description

This spacious three-bedroom detached house is nestled on an expansive plot of just over half an acre, featuring a large driveway that offers ample parking for several vehicles and extensive gardens. The property is in need of comprehensive renovation, presenting an excellent opportunity for investors or buyers looking to create a custom living space tailored to their preferences. With Shropshire Council’s recent approval of a Certificate of Proposed Lawful Use or Development, plans for a single-storey side extension and a detached garage/outbuilding can enhance the property's value further. The ground floor layout includes an Entrance Hall, Cloakroom with WC, a roomy Lounge, and a Sitting Room with a bay window, alongside a Kitchen/Breakfast Room that provides great potential for reconfiguration. Upstairs accommodates three Bedrooms and a Family Bathroom, ensuring sufficient space for family living. The exterior boasts not only the large driveway but also a garden area predominantly laid to lawn, alongside a timber garage and well-established garden features including an orchard at the rear. Positioned conveniently near the village of Prees with essential amenities like local shops and a primary school within reach, this home offers additional accessibility to larger towns such as Whitchurch only four miles away, which hosts various shops and schools. Given its significant land area and development potential alongside required renovations, this property stands as a prime investment opportunity waiting to be transformed into your dream home.

Investment Analysis

(SY13 area)

Above Market Value

This property is priced +3.2% above area average per sq ft

+3.2%
This Property
£274/sq ft
Area Average
£265/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£335,605
10% above area average per sq ft
Potential ROI
-15.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
81%
Properties sold annually

Local Market Trend (SY13)

Area prices are rising by +5.8% over the last 12 months
3 year growth: -7.0%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on SY13 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

Whitchurch Road, Prees
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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
£1,136
Based on a loan of £236,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE