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Mill Street, Prees, SY13

West Midlands

£210,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
797 sqft

Description

This two-bedroom end-terraced house, located in the desirable village of Prees, offers significant renovation potential. The property is well-situated for those seeking a blend of rural charm and modern conveniences, with the village providing essential amenities such as a shop, primary school, and doctor's surgery, alongside excellent transport links via the nearby railway station. Inside, the home requires general updates and presents an ideal opportunity for first-time buyers or investors looking to add value. The layout includes a welcoming entrance porch that leads to a hallway, a living room that serves as a cozy gathering space, and a dining kitchen adjoining a double-glazed conservatory that enhances living space. On the first floor, you'll find two bedrooms plus an additional room currently used as a small third bedroom/office, alongside a recently updated bathroom. Externally, there’s off-road parking available for two vehicles on the gravel driveway and access to a private garden at the rear. Additionally, residents have use of a garage situated within a short distance from the property. This home is positioned perfectly for those wanting to create their own vision in an attractive village setting.

Investment Analysis

(SY13 area)

Below Market Value

This property is priced -1.3% below area average per sq ft

-1.3%
Potential saving
This Property
£263/sq ft
Area Average
£267/sq ft
Avg Rent (weekly)
£201
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£234,123
10% above area average per sq ft
Potential ROI
-0.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SY13)

Area prices are rising by +2.5% over the last 12 months
3 year growth: -5.8%
5 year growth: +10.7%
Investment Disclaimer: Analysis based on SY13 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

Mill Street, Prees, SY13
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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
£744
Based on a loan of £157,500 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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