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Romney Street, Nelson BB9

West Midlands

£115,000
Listed on 15/12/2025

Property Details

Bedrooms
1
Type
Detached house

Description

This charming 1-bedroom bungalow, nestled in a desirable residential neighborhood of the West Midlands, presents a unique opportunity for homeowners and investors alike. The property is characterized by its generous living spaces which include a spacious lounge and a well-equipped kitchen that provides ample room for culinary creativity. With gas central heating and double glazing installed, the home offers a cozy atmosphere throughout the year. Occupying a significant plot, this bungalow features a detached garage, private driveway with sufficient parking space, and an inviting garden area. Notably, there is a substantial side section of land that holds great potential for extension or further development, subject to obtaining appropriate planning permissions. This property is not only ideal for first-time buyers looking to make their mark but also presents an attractive prospect for developers seeking to capitalize on its prime location and enhance its value through strategic renovations.

Investment Analysis

(BB9 area)
Area Average
£158/sq ft
Avg Rent (weekly)
£162
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
42
Average per month
Market Turnover
56%
Properties sold annually

Local Market Trend (BB9)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +7.9%
5 year growth: +30.0%
Investment Disclaimer: Analysis based on BB9 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

Romney Street, Nelson BB9
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£415
Based on a loan of £86,250 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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