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Watling Street, Wilnecote, Tamworth

West Midlands

£1,550,000

Listed on 25/09/2026

The listing

Property details

Bedrooms
3
Type
Detached Bungalow

Description

This detached bungalow presents a unique development opportunity within the Tamworth area, spanning approximately 1.13 acres. The property features three bedrooms and a double garage, making it suitable for multiple property builds, subject to the necessary planning agreements. Much of the initial pre-investigation work has already been completed, providing a head start for prospective developers. The site benefits from two access points and is situated alongside a modern estate built between 1996 and 2002. Inside, the bungalow offers a welcoming porch leading into an entrance hallway, a spacious lounge with wood effect laminate flooring, and a separate sitting/dining room with carpeted flooring. The kitchen is equipped with wall and base units, while the utility room provides additional space and access to the garden. Each bedroom is well-sized, with the master featuring an en-suite. The exterior includes a paved patio and lawn areas, enhancing the appeal of this property as a potential investment.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

52out of 100
Grade DWeak opportunity

Confidence: LOW

This three-bedroom detached bungalow presents a significant renovation opportunity on a generous 1.13-acre plot in Tamworth. The property is dated, with general signs of wear throughout, but its size and two access points enhance its potential for redevelopment, possibly leading to multiple property builds, subject to planning approval. The living spaces, kitchen, and bathroom all show visible signs of aging, providing a blank canvas for a full refurbishment that can enhance the property's value and appeal.

With a guide price of £1,550,000, it's worth noting that while the value versus local £/sqf cannot be judged due to missing floor area data, the asking price itself does not appear excessive. However, the potential for costs to rise if bidding goes above the guide should be kept in mind. This property is ideal for those looking to invest in a substantial project that can transform the existing layout and character into something modern and appealing.

Key opportunities

  • Substantial plot size allows for potential multiple builds, enhancing value.
  • Opportunity to completely redesign the interior layout and modernize dated spaces.
  • Two access points provide flexibility for development and landscaping.

Key risks

  • Stripped interiors and a £100,000–£250,000 works budget make this a full-gut programme, not a refresh.

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Map

Location

Watling Street, Wilnecote, Tamworth
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,856
Based on a loan of £1,162,500 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.

Tax

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Indicative tax based on the asking price and the options you select.

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