2 Bed Terraced House, Single Let, Wolverhampton, WV3 0DY, £135,000

Lonsdale Road, Off Penn Road, Wolverhampton, WV3 0DY - 2 views - 8 months ago

Sold STC
BTL
ROI: 6%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£75K - £290K
Sold Prices/m²£1.1K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2K/m²

Value Estimate

£124,146

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£614 - £1,000

Rent Estimate

£780

Running Costs/mo

£598

Cashflow/mo

£182

Cashflow/yr

£2,186

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £290K, average is £137.8K. £1.1K/m² to £3.6K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£125K07/210.13 mi19, Carlton Road, Wolverhampton, West Midlands WV3 0LP2
£155K09/230.17 mi46, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HW2
£115K07/210.19 mi56, Dalton Street, Wolverhampton, West Midlands WV3 0HE2
£82.5K01/230.21 mi45, Bingley Street, Wolverhampton, West Midlands WV3 0HS2
£86K06/210.22 mi36, Bristol Street, Wolverhampton, West Midlands WV3 0HD2
£85K10/210.22 mi56, Bristol Street, Wolverhampton, West Midlands WV3 0HD2
£102K06/210.22 mi23, Cardiff Street, Wolverhampton, West Midlands WV3 0EZ2
£119K12/200.22 mi3, Manlove Street, Wolverhampton, West Midlands WV3 0HG2
£97.5K12/200.24 mi45, Fisher Street, Wolverhampton, West Midlands WV3 0LF2
£170K12/220.25 mi151, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HL2
£97K03/210.26 mi38, Bamford Road, Wolverhampton, West Midlands WV3 0AS2
£82K01/210.26 mi37, Lime Street, Wolverhampton, West Midlands WV3 0EY2
£118.6K01/240.27 mi25, Lime Street, Wolverhampton, West Midlands WV3 0EY2
£120K12/220.29 mi6, Clayton Close, Wolverhampton, West Midlands WV2 4NH2
£92K11/200.3 mi104, Bruford Road, Wolverhampton, West Midlands WV3 0BA2
£123.5K11/210.33 mi61, Jeffcock Road, Wolverhampton, West Midlands WV3 7AG2
£165K01/230.33 mi107, Jeffcock Road, Wolverhampton, West Midlands WV3 7AG2
£140K03/240.33 mi61, Jeffcock Road, Wolverhampton, West Midlands WV3 7AG2
£128K12/230.33 mi84, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP2
£137K02/240.35 mi182, Merridale Street West, Wolverhampton, West Midlands WV3 0RP2
£75K08/210.39 mi2, Fistral Gardens, Wolverhampton, West Midlands WV3 7NY2
£163K03/230.39 mi1, Fellows Street, Wolverhampton, West Midlands WV2 4ND2
£120K12/200.41 mi112, Jeffcock Road, Wolverhampton, West Midlands WV3 7AF2
£176K03/230.42 mi25, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ2
£136.5K05/230.51 mi42, Mason Street, Wolverhampton, West Midlands WV2 3AG2
£145K05/210.58 mi21, Baynton Drive, Wolverhampton, West Midlands WV2 3AW2
£178K08/210.63 mi13, Wellington Avenue, Wolverhampton, West Midlands WV3 7EP2
£211K01/240.63 mi22, Wellington Avenue, Wolverhampton, West Midlands WV3 7EP2
£159.9K05/210.63 mi24, Ackleton Gardens, Bradmore, Wolverhampton, West Midlands WV3 7ES2
£115K03/230.65 mi21, Shaw Road, Blakenhall, Wolverhampton, West Midlands WV2 3EL2
£290K07/230.66 mi11, Belmont Road, Wolverhampton, West Midlands WV4 5UD2
£138.5K01/210.66 mi384, Dudley Road, Wolverhampton, West Midlands WV2 3AY2
£178K09/230.66 mi3, Worfield Gardens, Penn Fields, Wolverhampton, West Midlands WV3 7EL2
£80K10/210.66 mi57, Knox Road, Blakenhall, Wolverhampton, West Midlands WV2 3EG2
£142.5K11/230.66 mi84, Knox Road, Blakenhall, Wolverhampton, West Midlands WV2 3EG2
£210K09/210.69 mi7, Havelock Close, Wolverhampton, West Midlands WV3 7HS2
£163.5K11/210.69 mi96, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW2
£140K03/210.69 mi98, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW2
£105K04/210.69 mi99, Merridale Road, Wolverhampton, West Midlands WV3 9SE2
£95K03/210.69 mi281, Birmingham Road, Wolverhampton, West Midlands WV2 3NJ2
£185K01/230.7 mi28, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7ER2
£167K03/230.71 mi34, Maple Road, Wolverhampton, West Midlands WV3 7JD2
£206K11/220.72 mi12, Westbourne Road, Wolverhampton, West Midlands WV4 5UN2
£132K11/220.72 mi36, Westbourne Road, Wolverhampton, West Midlands WV4 5UN2
£185K08/230.73 mi20, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7ET2
£172.5K07/210.73 mi27, Westbourne Road, Wolverhampton, West Midlands WV4 5UN2
£148.5K06/210.73 mi33, Westbourne Road, Wolverhampton, West Midlands WV4 5UN2
£160K12/200.73 mi9, Westbourne Road, Wolverhampton, West Midlands WV4 5UN2
£177K12/200.73 mi19, Broad Lane, Wolverhampton, West Midlands WV3 9BN2
£84K11/200.74 mi42, Napier Road, Wolverhampton, West Midlands WV2 3DU2

Local Rents

17 rents from £614/mo to £1K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£87511/240.15 miLea Road, Wolverhampton2
£84003/250.15 mi-2
£1,00004/250.2 mi-2
£85011/240.22 miPennant Court, Wolverhampton, WV32
£95004/250.24 mi-2
£95004/250.24 mi-2
£92511/240.24 miCopthorne Road, Wolverhampton2
£95011/240.25 mi-2
£87504/250.25 mi-2
£90011/240.27 mi-2
£75002/250.28 mi-2
£79511/240.49 miGraiseley Street, Penn Fields2
£85011/240.6 miRosemary Avenue, WOLVERHAMPTON2
£79511/240.6 miMerridale Road, Wolverhampton, WV32
£61411/240.6 mi-2
£77511/240.6 miDudley Road, Blakenhall, Wolverhampton2
£85011/240.62 miHazara House, Wolverhampton2

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

1.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £135,000

August 29, 2024

Floor Plans

Description

  • A TWO BEDROOM MEWS HOUSE +
  • WELL PRESENTED & SPACIOUS HOME +
  • Communal parking +
  • Cosy and spacious lounge +
  • Modern kitchen with ample wall and base units +
  • First floor bathroom +
  • Gas central heating & double glazed windows +
  • Situated just off the Penn Road, local to schooling, transport links, shops, amenities & Wolverhampton city centre +

SUMMARY
"A SPACIOUS TWO BEDROOM MEWS HOUSE SITUATED JUST OFF PENN ROAD"
Accommodation comprises courtyard frontage, kitchen, inner hallway, lounge, first floor landing, two bedrooms, bathroom & communal parking.

DESCRIPTION
The award winning Connells Wolverhampton branch brings to the market Lonsdale Road, a beautifully presented and spacious two-bedroom Mews House, perfectly situated just off Penn Road. This charming residence boasts a delightful courtyard frontage, offering a warm welcome as you approach your new home.

As you step inside, you'll find a well-appointed kitchen featuring ample wall and base units, providing plenty of storage space for all your culinary needs. The inner hallway leads you to a spacious lounge, perfect for relaxing with family or entertaining friends. The first floor landing opens up to two bedrooms and a well-equipped bathroom ensuring convenience for you and your guests. Outside, residents will appreciate the convenience of communal parking, making it easy for you and your visitors to come and go.

This property sits in a fantastic location, conveniently close to reputable schools such as The Royal School, a variety of shops, and local amenities. Excellent bus routes into surrounding areas & access into Wolverhampton City Centre.

This Mews House on Lonsdale Road is an ideal choice for first-time buyers, young professionals, investors or those looking to downsize. Don't miss out on the opportunity to make this lovely property your new home! Call the Connells Wolverhampton branch today to book your viewing.

Location And Area 
Set to south west of Wolverhampton City centre the property is ideally placed for commuting via Wolverhampton rail station and within walking distance of numerous local primary schools and in catchment areas for the sought after St Peter Collegiate school and Wolverhampton Girls high school.

Approach 
Set back from the roadside with communal parking, courtyard frontage with access to the main accommodation.

Kitchen 12' 5" x 11' ( 3.78m x 3.35m )
Matching wall and base units with stainless steel sink and drainer with mixer tap, electric fan oven, four ring electric hob, partly tiled walls, plumbing point for washing machine, double glazed window to the front and front door.

Inner Entrance Hall 
Ceiling light point, double radiator, stairs rising to the first floor, access to the kitchen and door to the lounge.

Lounge 14' 11" max x 11' 10" max ( 4.55m max x 3.61m max )
Double glazed windows to the front and side, double radiator and ceiling light point.

First Floor Landing 
Two ceiling light points, loft access and doors to both bedrooms and bathroom.

Bedroom One 14' 11" x 11' 10" ( 4.55m x 3.61m )
Double glazed window to the side, ceiling light point and radiator.

Bedroom Two 12' max x 6' max ( 3.66m max x 1.83m max )
Double glazed window to the front, radiator and ceiling light point.

Bathroom 
Panel bath with shower attachment, low flush WC, wash hand basin, partly tiled walls, storage cupboard, ceiling light point, radiator and extractor fan.

Loft Space  
Loft housing boiler.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Wolverhampton

01902 943827

Next Steps?

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