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Drake Road,Bloxwich,Walsall,West Midlands,WS3 3LR

West Midlands

£380,000

Listed on 11/06/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
1249 sqft

Description

This semi-detached family residence has undergone significant improvements and is now a versatile five-bedroom home, making it an attractive investment opportunity. Originally designed as a three-bedroom property, it has been extended with a loft conversion that adds two double bedrooms and another bathroom, enhancing the living space for large families or those needing dedicated work areas. The layout extends across three floors, offering a welcoming living room, a modern kitchen with dining area, five spacious bedrooms, two family bathrooms, and a ground-floor guest WC. The extensive refurbishment includes a complete electrical rewire, new plumbing system, new boiler installation, freshly plastered walls and ceilings throughout, updated double-glazed windows, and a new roof. Additionally, all internal doors and radiators have been replaced. The property's outdoor spaces present further potential; the front garden could be transformed into off-street parking for two vehicles (subject to consent), and planning permission is approved for a 3.5-meter rear extension to increase the living area even more. Located conveniently close to local amenities and transport links while being nestled in the West Midlands', this property offers both comfort and investment potential.

Investment Analysis

(WS3 area)

Above Market Value

This property is priced +28.2% above area average per sq ft

+28.2%
This Property
£304/sq ft
Area Average
£237/sq ft
Avg Rent (weekly)
£235
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£326,026
10% above area average per sq ft
Potential ROI
-22.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (WS3)

Area prices are falling by -3.4% over the last 12 months
3 year growth: +3.1%
5 year growth: +27.1%
Investment Disclaimer: Analysis based on WS3 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 Road,Bloxwich,Walsall,West Midlands,WS3 3LR
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,436
Based on a loan of £285,000 over 30 years at 4.45% 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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