2-bedroom bungalow · WS6 6HQ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
BRING YOUR VISION—UNLOCK THE POTENTIAL! Lilac Lane, Great Wyrley | £180,000 An exciting opportunity to transform a bungalow into something special.
Situated on Lilac Lane in Great Wyrley, this two-bedroom link-detached property offers versatile accommodation, a separate study, driveway parking and an enclosed rear garden.
Requiring refurbishment throughout, it will appeal to investors, buyers seeking their next project and anyone looking to create a home to their own taste, with potential to add value through thoughtful improvements.
A porch opens into the central entrance hall, which provides access to the main accommodation and useful storage.
The lounge features a brick fireplace and opens into a dining area overlooking the rear garden.
Together, these connected spaces offer an excellent starting point for creating a welcoming setting for everyday living and entertaining.
The kitchen extends alongside the reception rooms and incorporates a further area with garden access, giving buyers plenty to consider when planning a refreshed layout.
The existing footprint offers scope to explore a more contemporary arrangement, subject to any necessary consents.
There are two bedrooms, complemented by a separate study that provides useful space for home working, hobbies or additional storage. A bathroom completes the accommodation.
Outside, the driveway provides off-road parking and leads towards the covered side access. The enclosed rear garden includes a paved patio, established planting, a timber shed and a greenhouse.
With landscaping and attention, this outdoor space could become an appealing extension of the home.
Great Wyrley offers everyday amenities, including the Co-op on Wardles Lane, while Landywood railway station and local bus services provide transport options for the surrounding area.
For buyers who can see the possibilities, this bungalow offers the opportunity to take an established property into its next chapter.
Contact Paul Carr Estate Agents to arrange your viewing and discover the potential for yourself.
Bedroom 4.80m (15'9") x 2.67m (8'9") Window to front, door to: Bedroom 2.92m (9'7") x 2.90m (9'6") Window to front, door to: Study 2.92m (9'7") x 2.39m (7'10") Door to: Porch 1.12m (3'8") x 1.07m (3'6") Door to: Hall 3.61m (11'10") x 1.40m (4'7") Door to: Storage 1.40m (4'7") x 0.77m (2'6") Bathroom 2.49m (8'2") x 1.78m (5'10") Window to side, door to: Lounge 4.55m (14'11") x 3.15m (10'4") Door to: Dining Area 3.10m (10'2") x 3.00m (9'10") Open plan, sliding door, door to: Kitchen 6.12m (20'1") x 2.54m (8'4") Two doors, sliding door.
Value & comps
No previous sales on record.
Returns
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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.
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About Lilac Lane, Great Wyrley
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