2 Bed Flat, Single Let, Wolverhampton, WV6 0LS, £100,000

The Lindens, Newbridge Crescent, Wolverhampton, West Midlands, WV6 0LS - 6 views - 6 months ago

Sold STC
BTL
ROI: 12%
~68 m²
+12 photos

ValuationUndervalued

Sold Prices£71.5K - £230K
Sold Prices/m²£999/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£121,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£4,200

Total Cash In

£29,200

 

 

Cash Out

 

Rent Range

£750 - £1,750

Rent Estimate

£795

Running Costs/mo

£492

Cashflow/mo

£304

Cashflow/yr

£3,642

ROI

12%

Gross Yield

10%

Local Sold Prices

47 sold prices from £71.5K to £230K, average is £128K. £999/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£135K11/220.1 mi2, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£128K01/230.1 mi5, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£135K11/220.11 mi14, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£98K01/210.46 mi8, Lower Street, Wolverhampton, West Midlands WV6 9AF2
£128.1K06/230.46 mi8, Lower Street, Wolverhampton, West Midlands WV6 9AF2
£71.5K04/220.48 mi70d, Tettenhall Road, Wolverhampton, West Midlands WV1 4TB2
£85K12/220.51 mi40, St Michaels Court, Wolverhampton, West Midlands WV6 9AD2
£100K06/230.51 mi17, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£120K05/210.51 mi3, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£155K07/230.51 mi8, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£163.4K08/230.56 mi18, Upper Street, Wolverhampton, West Midlands WV6 8QG2
£85K07/210.57 mi1a, Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands WV6 0RY2
£100K12/220.58 miFlat 13, College Court, High Street, Tettenhall, Wolverhampton, West Midlands WV6 8QP2
£112.5K06/210.59 miApartment 18, Tettenhall Gate, Haden Hill, Wolverhampton, West Midlands WV3 9PN2
£110K11/230.68 mi15, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£105K12/220.68 mi18, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£90K02/230.68 miFlat 24, West Park Court, Connaught Road, Wolverhampton, West Midlands WV1 4SQ2
£110K07/210.69 mi15, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£230K06/210.73 mi4, Edward Lisle Gardens, Wolverhampton, West Midlands WV6 8UB2
£123K04/210.73 mi1, Bantock Gardens, Wolverhampton, West Midlands WV3 9LP2
£118K11/210.74 mi60a, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£134K03/230.75 mi56, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£140K05/230.75 mi68, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£140K11/220.84 mi48, High Meadows, Wolverhampton, West Midlands WV6 8PP2
£143K11/220.84 mi17, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£157.5K11/220.84 mi53, High Meadows, Wolverhampton, West Midlands WV6 8PP2
£165K12/230.84 mi9, Finchfield Road, Wolverhampton, West Midlands WV3 9LS2
£130K10/230.84 mi18, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£115K11/200.84 mi1, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£96K08/210.86 miFlat 131, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£105K02/210.86 miFlat 138, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£116.5K09/220.86 miFlat 141, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£107.5K11/220.86 miFlat 128, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£130K08/220.87 mi6, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£179.9K12/200.88 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£178K08/230.88 mi7, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£179.9K12/200.88 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£160K02/230.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£122K11/220.9 miFlat 1, Lawton Court, Oaks Crescent, Chapel Ash, Wolverhampton, West Midlands WV3 9SH2
£182K05/240.93 mi11, Cygnet Close, Wolverhampton, West Midlands WV6 8XR2
£150K08/220.93 mi4, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£100K10/210.96 mi53, Bridgnorth Road, Wolverhampton, West Midlands WV6 8AF2
£119K03/230.96 mi127, Bridgnorth Road, Wolverhampton, West Midlands WV6 8AF2
£139.9K07/230.96 mi9, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£128K10/230.97 mi51a, Kinfare Drive, Wolverhampton, West Midlands WV6 8JW2

Local Rents

21 rents from £750/mo to £1.8K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£87504/250.02 mi-2
£79512/240.14 miTettenhall Road, Wolverhampton2
£1,50012/240.18 mi11 Beacon House, Tettenhall Road, Newbridge2
£85012/240.27 miSlade Hill, Wolverhampton2
£80012/240.27 miSlade Hill, Wolverhampton2
£80012/240.27 miSlade Hll, Wolverhampton2
£90012/240.27 mi-2
£79511/240.38 miTettenhall Road, Wolverhampton, West Midlands2
£90004/250.42 mi-2
£85004/250.43 mi-2
£1,65012/240.49 miLower Green, Tettenhall, Wolverhampton2
£1,75012/240.49 mi5c The Mitre, Lower Green, Tettenhall2
£1,35012/240.5 mi4, Rock House, Old Hill, Wolverhampton2
£1,30012/240.5 miRock House, Old Hill, Wolverhampton, West Midlands, WV62
£90004/250.51 mi-2
£1,35012/240.51 miRock House, Old Hill, Wolverhampton, West Midlands, WV62
£89510/240.51 mi-2
£79511/240.51 miCompton Road, Wolverhampton, West Midlands, WV32
£75012/240.55 mi-2
£77512/240.56 miUpper Street, Wolverhampton2
£92511/240.59 miHaden Hill, Wolverhampton2

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

0.47 miles away

Nearest school

0.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £100,000

November 9, 2024

Floor Plans

Description

  • Refurbished 2-bedroom flat +
  • Spacious lounge/diner +
  • Energy-efficient Bluetooth storage heating +
  • Double-glazing throughout +
  • Communal gardens +
  • Private garage +
  • Close to local amenities +
  • Excellent transport links +

Welcome to The Lindens, a beautifully refurbished 2-bedroom second-floor apartment in the heart of Newbridge, Wolverhampton. Offering a modern and comfortable living space, this bright and airy apartment features two generous double bedrooms, a spacious lounge/diner perfect for entertaining or relaxing, and a newly fitted kitchen. The contemporary family bathroom is designed with style and practicality in mind, while the property benefits from energy-efficient electric Bluetooth heating and double-glazing throughout, ensuring comfort year-round.
Residents can enjoy the peaceful, well-maintained communal gardens, ideal for unwinding, as well as the convenience of a private garage for secure parking or additional storage. The flat is located in a sought-after residential area with a strong sense of community, making it an ideal choice for first-time buyers, couples, investors, or those seeking a low-maintenance lifestyle.
The property is well-served by excellent local amenities, including shops, schools, and parks. Newbridge Primary School is a stone’s throw away and secondary schools such as Smestow School and Wolverhampton Grammar are easily accessible. A variety of supermarkets, cafés, and restaurants are just a short distance away, offering a wide range of options for dining and shopping.
For commuters, the property benefits from great transport links, with regular bus offering direct routes to Wolverhampton city centre and beyond. Whether you're heading to work or enjoying a day out, you'll appreciate the ease of getting around.
With its excellent condition, convenient location, and thoughtful amenities, this apartment represents an ideal opportunity for those looking for a stylish, low-maintenance home in a highly desirable area. Book a viewing today to fully appreciate what this property has to offer.

Agent Details

Dixons, Wolverhampton

01902 943774

Next Steps?

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