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Lower Kyrewood Farm Buildings, Kyrewood WR15

West Midlands

£150,000

Listed on 01/07/2026

Property details

Bedrooms
N/A
Type
Land
Area
1345 sqft

Description

This property comprises a small cluster of traditional farm structures, presenting a valuable opportunity for residential conversion. Located in the tranquil hamlet of Kyrewood, just southeast of Tenbury Wells, these buildings are conveniently situated within 1.5 miles of local amenities. The portfolio includes two distinct agricultural buildings flanking a central courtyard. The Byre is a single-storey structure measuring approximately 10.54m x 5.16m, featuring doorways along both long sides and a dormer window, though it is currently in disrepair. This could potentially be transformed into a compact one-bedroom dwelling or serve as an annex to the Barn. The Barn itself is two-storey with a mono-pitch roof and is connected to two former hop kilns that lost their upper floors over time, now requiring significant refurbishment. It boasts the potential for conversion into a detached residence with at least four bedrooms across both levels. Surrounding this unique property is a courtyard and designated parking space, alongside additional land suitable for garden creation—perfect for enhancing outdoor living spaces. While previous planning permissions have lapsed, preliminary advice on converting these buildings to residential use has been positively received by local authorities, indicating an encouraging path forward for potential investors or developers. These structures benefit from mains electricity and water supply (subject to verification), making them an intriguing proposition for those looking to undertake renovation projects in a scenic rural setting.

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Investment analysis

(WR15 area)

Below Market Value

This property is priced -63.1% below area average per sq ft

-63.1%
Potential saving
This Property
£112/sq ft
Area Average
£302/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£446,809
10% above area average per sq ft
Potential ROI
+11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (WR15)

Area prices are stable by -0.8% over the last 12 months
3 year growth: +7.1%
5 year growth: +8.8%
Investment Disclaimer: Analysis based on WR15 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

Lower Kyrewood Farm Buildings, Kyrewood WR15
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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
£567
Based on a loan of £112,500 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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