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Newcastle, Craven Arms

West Midlands

£425,000
Listed on 11/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
2481 sqft

Description

Nestled within the scenic landscape of Newcastle's Craven Arms, this detached bungalow presents an incredible opportunity for renovation and investment. With a generous floor area of 2,481 square feet, it features two expansive double bedrooms that are well-suited for small families or couples desiring additional space. The inviting sitting room, equipped with a log-burning stove, sets a cozy ambiance for gatherings. The spacious breakfast kitchen is designed for family meals and can accommodate an extending dining table, enhancing its utility as a family hub. A practical utility area provides adequate space for laundry appliances, while the thoughtfully designed shower room and separate W.C. add to the convenience of everyday living. Notably, the attic has been prepped for transformation into a third bedroom; it already includes plastering and radiators, with only a staircase required for completion. The outdoor offerings are equally impressive, featuring a large lawn ideal for entertaining and a driveway that can accommodate up to eight vehicles. The presence of an open barn offers additional storage solutions, while the adjacent derelict stone barn and workshop present significant potential for conversion—subject to planning approval—into various functional spaces such as dual-family accommodations or creative studios. In summary, this bungalow stands not merely as a residence but as a blank canvas ripe with possibilities in a picturesque setting.

Investment Analysis

(SY7 area)

Below Market Value

This property is priced -37.3% below area average per sq ft

-37.3%
Potential saving
This Property
£171/sq ft
Area Average
£273/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£745,590
10% above area average per sq ft
Potential ROI
+57.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY7)

Area prices are rising by +4.3% over the last 12 months
3 year growth: -9.0%
5 year growth: +12.9%
Investment Disclaimer: Analysis based on SY7 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

Newcastle, Craven Arms
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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
£1,505
Based on a loan of £318,750 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.

Stamp Duty Calculator

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