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Wells Road, Rowley Regis

West Midlands

£199,000
Listed on 24/04/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1295 sqft

Description

This mid-terraced four-bedroom property presents a promising opportunity for renovation, making it particularly attractive to first-time buyers or families looking to establish roots. Conveniently situated in the West Midlands, the home is well-placed for access to local shops and transport links, including the M5. While it requires modernization, there is significant potential to enhance both its aesthetic appeal and functionality. The layout comprises a welcoming hallway, lounge with bow window, dining room with patio doors leading to the rear garden, and a kitchen equipped with basic units. The first floor includes four bedrooms and a bathroom. With no upward chain, interested buyers have the chance to reimagine this space according to their preferences. A driveway at the front provides off-road parking, while the back garden features a patio area and greenhouse. This property warrants a viewing for those seeking a canvas for their creative renovation vision.

Investment Analysis

(B65 area)

Below Market Value

This property is priced -38.3% below area average per sq ft

-38.3%
Potential saving
This Property
£154/sq ft
Area Average
£249/sq ft
Avg Rent (weekly)
£213
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£355,057
10% above area average per sq ft
Potential ROI
+51.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (B65)

Area prices are stable by -1.4% over the last 12 months
3 year growth: +6.0%
5 year growth: +29.9%
Investment Disclaimer: Analysis based on B65 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

Wells Road, Rowley Regis
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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
£705
Based on a loan of £149,250 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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