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Grassendale, Park Drive, Oswestry,

West Midlands

£500,000

Listed on 22/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1602 sqft

Description

Nestled in one of Oswestry's most desirable neighborhoods, this charming detached family residence presents a unique opportunity for a buyer eager to personalize their home. Having been lovingly cared for by the same family for over two decades, the property retains a warm and inviting atmosphere while revealing significant potential for modernization and expansion. The home's attractive rendered and brick exterior is complemented by established landscaping, including a mature wisteria and well-maintained front garden, set behind a classic white picket fence. Off-road parking alongside a detached garage enhances everyday practicality. Upon entering, you'll find hints of character waiting to be uncovered. Beneath the existing carpet lies what is believed to be original parquet flooring, which could be restored to serve as a stunning focal point. The three reception rooms are each endowed with original fireplaces that introduce both warmth and historical charm; these features could either remain as stylish details or be upgraded for functional use. The kitchen at the rear, though compact, is currently functional and connects seamlessly with a utility area leading to the garden. This space holds exceptional renovation potential; plans for an extension could transform it into an open-plan kitchen and living area that maximizes light and offers modern family amenities. Additionally, there’s room for upward or outward extensions that could enhance living space dramatically if permitted. The three bedrooms are generously sized, and whilst the two bathrooms adequately serve the home currently, there’s scope to create further bathroom or bedroom facilities through thoughtful renovations. Completing this property is a private rear garden offering tranquility amidst the bustle of town life. Parking capacity is ample with both driveway space and garage available. Located on Park Drive, proximity to Oswestry's vibrant town centre provides residents access to independent shops, cafes, schools, and recreational spaces like Brogyntyn Park—a notable historic gem perfect for outdoor activities. Opportunities such as this are indeed rare on Park Drive; combining original character with long-term scope for investment makes it particularly appealing.

Investment Analysis

(SY11 area)

Above Market Value

This property is priced +27.0% above area average per sq ft

+27.0%
This Property
£312/sq ft
Area Average
£246/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£433,149
10% above area average per sq ft
Potential ROI
-21.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SY11)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -1.6%
5 year growth: +10.3%
Investment Disclaimer: Analysis based on SY11 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

Grassendale, Park Drive, Oswestry,
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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
£1,889
Based on a loan of £375,000 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.

Stamp Duty Calculator

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