2-bedroom bungalow · DY7 6JH
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £325,000 - £350,000 *** A blank canvas in one of Kinver's quietest corners, waiting for someone to finish the story.
Tucked away on The Grazings in Kinver, this two-bedroom detached bungalow is a genuine project for someone who wants to make their mark.
Bought originally as a renovation, the current owners have already started extending, with full planning permission in place for a redesigned kitchen, lounge and diner, a workshop off the garage, and a separate garden extension that could easily become a home gym or office.
Deer and birds are regular visitors to the garden, the canal towpath and Kinver Edge are just a stroll away, and the whole street has that rare, hard-to-find sense of peace and community.
We asked them what made them buy it... "We bought it as a project because we loved the location straight away. It's so quiet here, but there's a real sense of community too.
You get deer and birds in the garden all the time, and being so close to the canal for walks, and Kinver Edge, made it feel like the best of both worlds." What about the house itself?
"We started extending with the plan always being a big rear extension to open up the kitchen, lounge and diner into one space, plus extending the garage into a workshop and building a separate extension in the garden for a gym, or it could easily be a home office.
We got all the planning permissions sorted, so it's all there ready to go." Our agents say... This one is all about potential.
With planning permission already secured, a new owner could step straight in and finish what's been started, extra living space, an extra bathroom, even additional bedrooms, all achievable without the wait for permissions to come through.
The rear garden is a proper blank canvas, and the driveway has room for multiple cars, which is not something you find on every plot in Kinver.
If you've been searching for a project with the hard part already done, this is worth a look. Get in touch with ap Morgan to arrange a viewing.
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Equipment: Ap Morgan has not tested the equipment or central heating system mentioned in these particulars and the purchasers are advised to satisfy themselves as to the working order and condition.
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Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 2, The Grazings, Staffordshire
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