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Blakeway Close, Broseley TF12

West Midlands

£289,950
Listed on 20/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
926 sqft

Description

This appealing detached bungalow offers significant renovation potential, located in a serene residential neighborhood of Broseley. The property features two bedrooms and is positioned conveniently near local amenities and beautiful countryside walks. With modernisation needed throughout, it presents an excellent proposition for both personal buyers eager to create their ideal home and investors looking for a project with promising returns. Set on a generous plot, the bungalow includes off-road parking, a garage, and established gardens at both the front and rear, enhancing its appeal for outdoor enthusiasts or those seeking additional space for landscaping. This property is devoid of any upward chain, making it an attractive option for a swift acquisition.

Investment Analysis

(TF12 area)

Above Market Value

This property is priced +11.9% above area average per sq ft

+11.9%
This Property
£313/sq ft
Area Average
£280/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£284,953
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TF12)

Area prices are rising by +3.9% over the last 12 months
3 year growth: +5.2%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on TF12 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

Blakeway Close, Broseley TF12
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,027
Based on a loan of £217,462 over 30 years at 3.91% 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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