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Lye Mill, (House, Mill & Outbuildings) Morville, Bridgnorth - Image 1
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Lye Mill, (House, Mill & Outbuildings) Morville, Bridgnorth

West Midlands

£725,000
Listed on 08/03/2026

Property Details

Bedrooms
3
Type
Detached house

Description

Situated a few miles from the charming market town of Bridgnorth, this expansive character cottage offers a unique opportunity for renovation and potential conversion, particularly with the detached mill on site which could serve as additional living space or a workspace (subject to planning permission). The property encompasses over half an acre in a serene setting, providing unobstructed views of surrounding farmland and easy access to scenic walking paths leading to Morville Hall and local amenities. The grounds feature a mature landscape, highlighted by a gated driveway that adds to the appeal. Ideal for those seeking a project with considerable investment potential, this property promises both tranquility and the possibility for future development. The interior boasts period features such as beamed ceilings and spacious reception areas, including three large rooms designed for versatile use. The kitchen is functional yet has room for modernisation, while upstairs accommodates three bedrooms and a family bathroom ripe for updating. Two sizable timber barns add further scope for storage or creative redevelopment. Outdoors, the extensive garden is beautifully landscaped, presenting an ideal backdrop for outdoor living or further landscaping projects. Key services are in place with mains water, electricity, oil-fired central heating, and ultrafast broadband connectivity already established. This property comes with no upward chain, making it an attractive option for buyers ready to invest in its future.

Investment Analysis

(WV16 area)
Area Average
£303/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (WV16)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +5.8%
5 year growth: +14.7%
Investment Disclaimer: Analysis based on WV16 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

Lye Mill, (House, Mill & Outbuildings) Morville, Bridgnorth
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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
£2,615
Based on a loan of £543,750 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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