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Devon Road, WR5

West Midlands

£280,000
Listed on 05/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1094 sqft

Description

This semi-detached property presents a promising opportunity for renovation, situated in a desirable residential area with no onward chain. The home features an entrance hall that leads to a spacious sitting room and an open-plan kitchen/dining area, providing a functional layout with plenty of potential for modern upgrades. On the first floor, there are three well-proportioned bedrooms coupled with a family bathroom. The property also includes a private driveway for off-road parking and access to a detached garage, alongside an enclosed garden at the rear, suitable for outdoor enhancements. The flexible living space allows for various possibilities to improve or reconfigure according to personal tastes. Located conveniently close to local amenities, schools, and excellent transport links, this property is ideal for families and commuters alike. A viewing is essential to fully grasp the scope of enhancements that can be made throughout the home.

Investment Analysis

(WR5 area)

Below Market Value

This property is priced -17.4% below area average per sq ft

-17.4%
Potential saving
This Property
£256/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£249
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£372,873
10% above area average per sq ft
Potential ROI
+22.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
70%
Properties sold annually

Local Market Trend (WR5)

Area prices are falling by -4.2% over the last 12 months
3 year growth: -2.3%
5 year growth: +8.0%
Investment Disclaimer: Analysis based on WR5 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

Devon Road, WR5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £210,000 over 30 years at 4.06% 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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