3 Bed Terraced House, Motivated Seller, Wolverhampton, WV3 7ER, £155,000

Church Road, Wolverhampton, West Midlands, WV3 7ER - 9 months ago

Sold STC
Motivated
BTL
ROI: 7%
~77 m²
+12 photos

ValuationUndervalued

Sold Prices£122.5K - £375K
Sold Prices/m²£1.4K/m² - £4K/m²

 

 

Square Metres

~76.80 m²
Price/m²£2K/m²

Value Estimate

£185,837
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£38,750

Stamp Duty & Legal Fees

£5,850

Total Cash In

£44,600

 

 

Cash Out

 

Rent Range

£850 - £1,500

Rent Estimate

£955

Running Costs/mo

£695

Cashflow/mo

£260

Cashflow/yr

£3,116

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £122.5K to £375K, average is £215K. £1.4K/m² to £4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£130K12/200.05 mi33, Ackleton Gardens, Bradmore, Wolverhampton, West Midlands WV3 7ES3
£207.5K11/230.05 mi14, Ackleton Gardens, Bradmore, Wolverhampton, West Midlands WV3 7ES3
£196K12/200.07 mi4, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7ET3
£122.5K08/210.08 mi90, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW3
£135K06/230.08 mi104, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW3
£137K04/210.08 mi7, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7EU3
£195K11/230.08 mi72, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7EU3
£260K07/230.11 mi47, Oxbarn Avenue, Wolverhampton, West Midlands WV3 7HD3
£253K10/200.13 miAvenue House, Birches Barn Avenue, Wolverhampton, West Midlands WV3 7BT3
£200K06/210.14 mi27, Birches Barn Avenue, Wolverhampton, West Midlands WV3 7BT3
£300K04/240.15 mi1, Havelock Close, Wolverhampton, West Midlands WV3 7HS3
£220K07/230.15 mi10, Inglewood Avenue, Wolverhampton, West Midlands WV3 7BP3
£375K11/210.16 miRobins Nest, 2, Church Walk, Penn Fields, Wolverhampton, West Midlands WV3 7BY3
£240K07/210.16 mi32, Church Walk, Penn Fields, Wolverhampton, West Midlands WV3 7BY3
£262K10/230.16 mi58, Church Walk, Penn Fields, Wolverhampton, West Midlands WV3 7BY3
£215K04/210.16 mi23, Church Walk, Penn Fields, Wolverhampton, West Midlands WV3 7BY3
£215K02/210.19 mi3, Wenlock Avenue, Wolverhampton, West Midlands WV3 7HY3
£270K11/200.19 mi31, Birches Barn Road, Wolverhampton, West Midlands WV3 7BL3
£255K06/210.2 mi4, Hazel Road, Wolverhampton, West Midlands WV3 7HF3
£168K03/240.2 mi54, Birches Barn Road, Wolverhampton, West Midlands WV3 7BN3
£140K02/210.2 mi45, Birches Barn Road, Wolverhampton, West Midlands WV3 7BL3
£270K03/210.21 mi96, Trysull Road, Wolverhampton, West Midlands WV3 7JF3
£150K12/200.21 mi62, Trysull Road, Wolverhampton, West Midlands WV3 7JF3
£200K12/200.21 mi98, Trysull Road, Wolverhampton, West Midlands WV3 7JF3
£220K04/210.21 mi33, Cedar Grove, Penn Fields, Wolverhampton, West Midlands WV3 7EB3
£270K11/210.21 mi1, Cedar Grove, Penn Fields, Wolverhampton, West Midlands WV3 7EB3
£310K05/240.21 mi1, Cedar Grove, Penn Fields, Wolverhampton, West Midlands WV3 7EB3
£265K01/210.21 mi2, Cedar Grove, Penn Fields, Wolverhampton, West Midlands WV3 7EB3
£250K04/210.23 mi133, Trysull Road, Wolverhampton, West Midlands WV3 7JG3
£243K09/210.23 mi103, Trysull Road, Wolverhampton, West Midlands WV3 7JG3
£160.5K09/230.23 mi115, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7HA3
£295K11/230.23 mi81, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7HA3
£210K10/200.24 mi12, Rowan Crescent, Wolverhampton, West Midlands WV3 7HL3
£300K03/210.24 mi88, Rowan Crescent, Wolverhampton, West Midlands WV3 7HL3
£142.5K07/210.24 mi79, Hughes Avenue, Wolverhampton, West Midlands WV3 7AU3
£140K02/210.24 mi73, Hughes Avenue, Wolverhampton, West Midlands WV3 7AU3
£187.5K12/200.25 mi47, Beckminster Road, Wolverhampton, West Midlands WV3 7EA3
£182K07/210.25 mi3, Burnell Gardens, Wolverhampton, West Midlands WV3 7JU3
£242.5K05/230.25 mi9, Burnell Gardens, Wolverhampton, West Midlands WV3 7JU3
£330K12/220.25 mi65, Beckminster Road, Wolverhampton, West Midlands WV3 7DY3
£242K10/200.26 mi77, St Phillips Avenue, Penn Fields, Wolverhampton, West Midlands WV3 7ED3
£215K12/200.26 mi54, St Phillips Avenue, Penn Fields, Wolverhampton, West Midlands WV3 7ED3
£265K01/210.26 mi53, St Phillips Avenue, Penn Fields, Wolverhampton, West Midlands WV3 7ED3
£285K11/200.26 mi1, Worfield Gardens, Penn Fields, Wolverhampton, West Midlands WV3 7EL3
£215K07/210.27 mi134, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EJ3
£199.9K10/230.28 mi24, Hughes Avenue, Wolverhampton, West Midlands WV3 7AX3
£142K04/210.28 mi37, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£212K03/230.28 mi19, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£205.3K02/240.29 mi5, Holly Grove, Penn Fields, Wolverhampton, West Midlands WV3 7DX3
£310K05/230.29 mi1, Holly Grove, Penn Fields, Wolverhampton, West Midlands WV3 7DX3

Local Rents

15 rents from £850/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,09502/250.14 mi-3
£97511/240.19 mi1 Bamber Close, Bradmore, Wolverhampton3
£1,20012/240.31 mi-3
£1,20001/250.33 mi-3
£1,20001/250.33 mi-3
£1,50011/240.36 mi-3
£1,20011/240.37 mi-3
£89511/240.44 miBruford Road, Wolverhampton, WV33
£1,30011/240.5 mi-3
£1,45002/250.5 mi-3
£1,05002/250.52 mi-3
£85001/250.57 mi-3
£1,00011/240.58 mi-3
£1,00011/240.58 miMerridale Street West, Wolverhampton, WV33
£1,40011/240.59 mi19A Woodfield Avenue, Penn3

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

0.94 miles away

Nearest school

0.40 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £155,000

July 22, 2024

Floor Plans

Description

  • Freehold +
  • Council Tax Band A +
  • Three Bedrooms, Terraced House +
  • Two Reception Rooms +
  • Ground Floor Bathroom +
  • Two Fireplaces +
  • No Chain +
  • Close To Local Amenities +
  • Convenient Location, Transport Links Locally and Further Afield +
  • Viewing Highly Recommended +

Sold with no onward chain! Surrounded by a wealth of local amenities, this home offers a lot of potential. This is the perfect project for a first time buyer or investor.

This terraced home is located in Wolverhampton with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a lounge, a dining room, a kitchen and a three-piece bathroom with a tub-shower combination, a hand wash basin and a WC.

To the first floor is an inviting landing area through to three well-proportioned bedrooms.

Externally, the property benefits from a rear garden with a patio area and a lawn.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £2,500. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪