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The Grove, Wem SY4

West Midlands

£180,000

Listed on 21/06/2026

Property details

Bedrooms
3
Type
Detached house

Description

This mature three-bedroom residence, situated on a corner plot, presents a valuable opportunity for renovation and expansion, subject to obtaining the necessary permissions. Positioned in the vibrant market town of Wem, it is conveniently located within walking distance to various local amenities, including shops, schools, and recreational facilities. The property comprises a reception hall, lounge, dining room, kitchen, three bedrooms, and a bathroom. Each room offers potential for modern updates to enhance comfort and appeal. With gardens at the front, side, and rear along with storage options available, this home has plenty of outdoor space that can be tailored to your vision. This property is being offered with no upward chain.

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Investment analysis

(SY4 area)
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SY4)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -0.2%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on SY4 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

The Grove, Wem SY4
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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

Next Steps

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