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Wassell Road, Stourbridge, West Midlands

West Midlands

£200,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
875 sqft

Description

This three-bedroom semi-detached property situated in a well-regarded residential area of Stourbridge presents a compelling opportunity for cash buyers focused on renovation and investment. Boasting spacious living areas, the home features a generous lounge/diner that opens onto the rear garden through French doors, ideal for enhancing indoor-outdoor connectivity. The kitchen, equipped with essential wall and base units alongside an integrated cooker, also offers direct access to the garden, while the convenience of a ground floor shower room adds practicality. The upper level mirrors the size of the main reception room in the main bedroom, complemented by two additional bedrooms that can serve diverse purposes such as family accommodation or a home office setup. Externally, a sizable rear garden is laid out with a paved patio for seating and entertaining, leading to lawn space with pathway access. A driveway accommodates off-road parking alongside a side garage, making this plot particularly appealing. Furthermore, its proximity to sought-after schools, reliable rail connections to Birmingham, and an array of local shops and cafes enhances its desirability as both a family residence and an investment property. However, potential buyers should be aware of significant renovation requirements due to multiple issues impacting mortgageability. The presence of spray foam insulation in the roof space, reported dampness or condensation concerns, and possible roof defects warrant further investigation. Structural concerns have also been noted due to being located within a mining area and having a reported sunken floor. Comprehensive surveys are strongly recommended prior to any purchase to ascertain the extensive works needed. This property has robust fundamental attributes that could be capitalized upon through thoughtful improvements.

Investment Analysis

(DY9 area)

Below Market Value

This property is priced -26.5% below area average per sq ft

-26.5%
Potential saving
This Property
£229/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£299,289
10% above area average per sq ft
Potential ROI
+15.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (DY9)

Area prices are falling by -4.8% over the last 12 months
3 year growth: +9.5%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on DY9 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

Wassell Road, Stourbridge, West Midlands
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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
£708
Based on a loan of £150,000 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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