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Drakes Bridge Road, Eckington, WR10

West Midlands

£450,000
Listed on 30/03/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
904 sqft

Description

This two-bedroom detached bungalow located in the desirable village of Eckington presents a unique opportunity for renovation and investment. Offering substantial living space alongside an adjoining paddock, the property sits on a generous plot that allows for various potential uses. Accessed via a driveway with off-road parking leading to a single garage, the layout features an entrance hallway, a spacious living room, and a modern kitchen, complemented by a conservatory with tiled roofing that overlooks the garden area. The two double bedrooms provide comfortable accommodations, with the principal bedroom having its own en-suite shower room, while an additional main shower room caters to guests. While currently well-presented, there is room for improvement and personalization throughout, making it ideal for buyers looking to add value. Externally, the gardens are mostly laid to lawn with a patio area perfect for entertaining or relaxing outdoors. A notable highlight is the gated access to an adjoining paddock of approximately 1,372 square metres (0.34 acres) which could serve multiple purposes such as recreational use or small-scale equestrian activities, pending relevant planning permissions. There’s also access to an additional parcel of land held under tenancies that further enhances this property’s potential. With planning consent, this could be a lucrative project for those looking to invest in land development or simply create their dream outdoor space.

Investment Analysis

(WR10 area)

Above Market Value

This property is priced +55.6% above area average per sq ft

+55.6%
This Property
£498/sq ft
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£318,109
10% above area average per sq ft
Potential ROI
-35.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (WR10)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.4%
5 year growth: +13.3%
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

Drakes Bridge Road, Eckington, WR10
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,594
Based on a loan of £337,500 over 30 years at 3.91% 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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