4 Bed Semi-Detached House, Single Let, Wolverhampton, WV3 0LU, £250,000

Lea Road, Pennfields, Wolverhampton, West Midlands, WV3 0LU - 4 views - 8 months ago

Sold STC
BTL
~129 m²
+19 photos

ValuationUndervalued

Sold Prices£81.5K - £740K
Sold Prices/m²£562/m² - £3.5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£265,439
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£775 - £4,500

Rent Estimate

£1,000

Running Costs/mo

£1,001

Cashflow/mo

£-1

Cashflow/yr

£-15

Gross Yield

5%

Local Sold Prices

47 sold prices from £81.5K to £740K, average is £300K. £562/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£155K03/210.08 mi18, Dalton Street, Wolverhampton, West Midlands WV3 0HF4
£187.5K11/210.2 mi164, Lea Road, Penn Fields, Wolverhampton, West Midlands WV3 0LQ4
£485K04/210.2 mi29, Claremont Road, Wolverhampton, West Midlands WV3 0EA4
£590K06/210.4 mi17, Copthorne Road, Penn Fields, Wolverhampton, West Midlands WV3 0AB4
£190K11/210.42 mi200, Jeffcock Road, Wolverhampton, West Midlands WV3 7AH4
£210K10/220.53 mi3, Chetwynd Road, Wolverhampton, West Midlands WV2 4NZ4
£362.5K02/220.54 mi19a, Tudor Crescent, Wolverhampton, West Midlands WV2 4PX4
£310K09/220.54 mi38, Goldthorn Road, Blakenhall, Wolverhampton, West Midlands WV2 4PN4
£183K08/210.58 mi75, Upper Villiers Street, Wolverhampton, West Midlands WV2 4NX4
£240K01/240.59 mi72, Hughes Avenue, Wolverhampton, West Midlands WV3 7AT4
£255K07/210.6 mi33, Birches Barn Road, Wolverhampton, West Midlands WV3 7BL4
£272K02/210.64 mi5, Summerfield Road, Wolverhampton, West Midlands WV1 4PR4
£410K02/230.65 mi19, Coalway Road, Penn, Wolverhampton, West Midlands WV3 7LU4
£300K02/230.66 mi17, Merridale Lane, Wolverhampton, West Midlands WV3 9RD4
£330K03/230.67 mi19, Glengarry Gardens, Wolverhampton, West Midlands WV3 9HX4
£270K12/200.68 mi7, Marlbrook Drive, Wolverhampton, West Midlands WV4 5AU4
£375K06/210.69 mi14, Park Road West, Wolverhampton, West Midlands WV1 4PP4
£370K01/230.71 mi236, Penn Road, Wolverhampton, West Midlands WV4 4AA4
£115K05/230.73 mi51, Vicarage Road, Wolverhampton, West Midlands WV2 1DF4
£245K10/220.73 mi4, Waterside Close, Wolverhampton, West Midlands WV2 1HN4
£350K07/210.75 mi1, Richmond Road, Wolverhampton, West Midlands WV3 9HY4
£412.5K06/230.75 mi46, Finchfield Road, Wolverhampton, West Midlands WV3 9LQ4
£415K11/200.76 mi52, Goldthorn Avenue, Wolverhampton, West Midlands WV4 5AB4
£257.5K07/210.76 mi24, Maple Road, Wolverhampton, West Midlands WV3 7JD4
£275K02/210.77 mi29, Alexandra Road, Wolverhampton, West Midlands WV4 5UA4
£240K02/240.77 mi28, Alexandra Road, Wolverhampton, West Midlands WV4 5UA4
£275K01/230.78 mi30, Goldthorn Avenue, Wolverhampton, West Midlands WV4 5AB4
£230K06/210.8 mi42h, Pond Lane, Wolverhampton, West Midlands WV2 1HG4
£81.5K12/200.8 mi70, Goldthorn Hill, Wolverhampton, West Midlands WV2 3HU4
£230K06/210.81 mi42h, Pond Lane, Wolverhampton, West Midlands WV2 1HG4
£205K12/200.81 mi42e, Pond Lane, Wolverhampton, West Midlands WV2 1HG4
£250K01/210.83 mi2, Westland Avenue, Wolverhampton, West Midlands WV3 9NX4
£248K01/210.86 mi48, Rosemary Crescent West, Wolverhampton, West Midlands WV4 5AP4
£360K10/210.87 mi36, Richmond Road, Wolverhampton, West Midlands WV3 9JD4
£260K06/210.91 mi15, Clark Road, Wolverhampton, West Midlands WV3 9NP4
£387.5K02/210.93 mi59, Broad Lane, Wolverhampton, West Midlands WV3 9BW4
£470K01/210.93 mi125, Coalway Road, Penn, Wolverhampton, West Midlands WV3 7NA4
£320K10/220.94 mi316, Penn Road, Wolverhampton, West Midlands WV4 4AQ4
£740K06/230.94 miAppledorn House, Park Rise, Wolverhampton, West Midlands WV3 9JQ4
£400K03/210.95 mi94, Coalway Road, Penn, Wolverhampton, West Midlands WV3 7NB4
£392.5K02/230.96 mi6, Hanbury Crescent, Wolverhampton, West Midlands WV4 4BW4
£475K02/210.98 mi1, Richmond Drive, Wolverhampton, West Midlands WV3 9JE4
£530K11/220.98 mi26, Mount Road, Penn, Wolverhampton, West Midlands WV4 5SW4
£185K11/220.98 mi2, Pond Crescent, Wolverhampton, West Midlands WV2 1JD4
£325K10/200.99 mi7, Uplands Avenue, Wolverhampton, West Midlands WV3 8AA4
£382.5K01/240.99 mi38, Uplands Avenue, Wolverhampton, West Midlands WV3 8AA4
£325K07/211 mi1, Bramblewood Drive, Wolverhampton, West Midlands WV3 9DB4

Local Rents

31 rents from £775/mo to £4.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£4,50012/230.14 mi-12
£4,00004/250.16 mi-12
£1,30011/240.16 miOwen Road, WOLVERHAMPTON4
£3,35001/250.18 mi-4
£3,20003/250.18 mi-4
£1,20011/240.18 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.18 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,14511/240.2 mi-3
£87504/250.21 mi-3
£77511/240.27 miKimberley Street, Wolverhampton, WV33
£1,05002/250.29 mi-3
£1,05011/240.3 miStanford Road, Wolverhampton, West Midlands, WV23
£2,00012/240.3 mi-4
£1,00011/240.3 miMerridale Street West, Wolverhampton, WV33
£1,00011/240.3 mi-3
£85001/250.31 mi-3
£4,20002/250.31 mi-4
£1,29504/250.31 mi-3
£89511/240.35 miBruford Road, Wolverhampton, WV33
£1,50011/240.49 mi-3
£1,20001/250.49 mi-3
£1,20001/250.49 mi-3
£1,20011/240.5 mi-3
£1,20011/240.51 mi-3
£1,50011/240.54 miGoldthorn Road, Wolverhampton4
£1,20011/240.54 miOak Street, Merridale, Wolverhampton, WV33
£1,30004/250.56 mi-3
£1,02511/240.61 miElm Farm Road, Wolverhampton, Wv2 3df3
£1,10011/240.61 miMerridale Road, WOLVERHAMPTON3
£1,75011/240.61 mi-4
£1,75001/250.61 mi-4

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

1.22 miles away

Nearest school

0.20 miles away

Nearest train station

0.77 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £250,000

August 8, 2024

Floor Plans

Description

  • Most Impressive Spacious Accommodation & Greatly Improved & Renovated Throughout +
  • Great Investment/Family Purchase Opportunity +
  • Four Bedrooms Set Over Three Floors +
  • Semi Detached House & No Chain +
  • Each Bedroom Accommodating Double Beds +
  • Ground Floor Modern Fitted Shower Room & First Floor Refitted Family Bathroom +
  • Close To Local Amenities & Walking Distance To The City Centre +
  • Excellent Road & Transport Links All Within Easy Reach +

This is a rare opportunity to purchase a FOUR bedroom "move-in-ready" property, that has been recently renovated throughout to a superb standard and this is most clearly seen once you visit that’s for sure!!

Located in the highly desirable city of Wolverhampton, this gorgeous semi-detached home boasts a plethora of superb modernised features, from its central location to its spacious and renovated rooms.
A suggestion is to "Move Fast" to avoid missing out on this wonderful home being sold with NO UPWARD CHAIN.

Sitting in the heart of the city of Wolverhampton and offering a bright and spacious layout, it has a great deal of potential, making it ideal for any buyer looking for an exciting but straightforward investment or indeed as a family home ready to just move into!!
Not only does the home have a great deal of charm about it, but it also boasts a highly desirable and very practical location.
Local amenities are all close by including schools of both sectors, to include the renowned Royal School only a short walk away and Woodfield Primary less than a mile away, local shopping facilities, hospitality establishments and a range of other excellent amenities including a large chain supermarket.

Only a short drive to the A449 Stafford Road, where there are direct motorway links to M54/M6 connections and Wolverhampton train station is within close proximity also - making it ideal in terms of transport/commuting links.

Step inside through the vestibule..... The front door opens into a welcoming through entrance hallway on the ground floor.
The further accommodation briefly comprises of front living room and this generous area is the ideal family room, boasting a stunning bay window bringing in plenty of natural light while providing plenty of opportunity for new owners to add their own stamp.

Another reception rooms follows, offering great versatility, perfect to be used as a dining room or further family sitting room.

The modern refitted dining kitchen is stunning and offers an abundance of cupboards and base units, whilst a lovely refitted shower room completes the ground floor living.

To the first floor are three bedrooms, noted in particular for its spacious 16ft master bedroom with plenty of natural light gleaming in, whilst to the second floor is a fourth bedroom that also has a comfortable proportioned area.

This property also has an attractive outdoor space, which is ready to redesign and make it how you wish!

Mobile coverage from all four major networks.
Ultrafast Full Fibre Broadband
All services are mains connected
On street parking

*Results provided by Ofcom and correct at time of listing*

Agent Details

D B Roberts & Partners, Wolverhampton

01902 943715

Next Steps?

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