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Drake Street, Welland, Malvern, Worcestershire, WR13

West Midlands

£550,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1281 sqft

Description

This well-positioned detached period cottage presents a unique opportunity for renovation within the appealing village of Welland. Set amidst a generous plot, the property boasts an inviting entrance via a gravel driveway leading to ample parking and a double garage. Surrounded by mature gardens that provide both privacy and potential for extension or reconfiguration (subject to planning permissions), this home offers significant investment value. Inside, the cottage maintains original character features across its spacious 1,400 sq ft layout. The ground floor includes a welcoming reception hall, a dual-aspect sitting room with an inglenook fireplace, a separate dining room, and a modern breakfast kitchen that connects to a utility space. The first floor hosts three bedrooms along with a family bathroom. The expansive outdoor area features various landscaping possibilities including an ornamental pond and former vegetable garden, making it ideal for gardening enthusiasts or further development projects. Overall, this property is ripe for transformation into an exceptional family residence in a desirable setting.

Investment Analysis

(WR13 area)

Above Market Value

This property is priced +21.0% above area average per sq ft

+21.0%
This Property
£429/sq ft
Area Average
£355/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£499,878
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WR13)

Area prices are falling by -8.7% over the last 12 months
3 year growth: -8.7%
5 year growth: +19.1%
Investment Disclaimer: Analysis based on WR13 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

Drake Street, Welland, Malvern, Worcestershire, WR13
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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
£1,948
Based on a loan of £412,500 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.

Stamp Duty Calculator

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