2 Bed Terraced House, Single Let, Wolverhampton, WV10 6LD, £190,000

1 Bee Lane, Wolverhampton, West Midlands, WV10 6LD - 2 views - 6 months ago

Sold STC
BTL
81 m²
+12 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£700 - £1,100

Rent Estimate

£709

Running Costs/mo

£756

Cashflow/mo

£-47

Cashflow/yr

£-559

Gross Yield

4%













Local Rents

17 rents from £700/mo to £1.1K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£89501/250.04 mi-2
£89501/250.04 mi-2
£87512/230.06 mi-2
£1,05004/240.34 mi-2
£79503/230.4 mi-2
£87509/240.47 mi-2
£70011/240.5 miMarsh Lane Parade, Stafford Road, Wolverhampton, West Midlands, WV102
£70011/240.5 miMarsh Lane Parade, Stafford Road, Wolverhampton, West Midlands, WV102
£72508/240.52 mi-2
£90011/240.66 miSt Annes Road, Wolverhampton2
£89504/250.79 mi-2
£82511/240.82 miPurcell Road, Wolverhampton, West Midlands, WV102
£95011/240.87 miPurcell Road, Wolverhampton2
£87512/240.98 miJasmine Close, Pendeford2
£1,10009/241.04 mi-2
£1,10004/251.11 mi-2
£95011/241.14 mi-2

Local Area Statistics

Population in WV10

56,254

Population in Wolverhampton

260,353

Town centre distance

3.20 miles away

Nearest school

0.10 miles away

Nearest train station

2.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+19%

Sales demand

Seller's market

Capital growth (5yrs)

+39%

Property History

Listed for £190,000

November 11, 2024

Sold for £124,500

2011

Sold for £132,000

2007

Sold for £80,000

2005

Floor Plans

Description

  • Chain free +
  • End Terrace property +
  • Spacious lounge and sitting room +
  • Kitchen/Diner +
  • Two double bedrooms plus loft room +
  • Off-road parking with driveway +
  • Private rear garden with potential +
  • Excellent local amenities and transport links +

Situated in the sought-after area of Fordhouses, Wolverhampton, Bee Lane is a charming two-bedroom End-Terrace house full of character and curb appeal. With its traditional features, spacious living areas, and generous room sizes, this property offers the perfect balance of comfort and convenience. The welcoming porch leads to a bright and airy lounge, while a separate sitting room provides an additional space to relax or entertain. The kitchen/diner is a lovely family hub, offering space for cooking and dining. A convenient ground floor bathroom completes the downstairs layout. Upstairs, you’ll find two generously sized double bedrooms, ideal for rest and relaxation. In addition, the loft room with Velux window provides further potential for an office, playroom, or storage.

Externally, the property boasts a driveway for off-road parking, as well as a rear garden that offers a private outdoor space for families or garden enthusiasts. Additional benefits include gas central heating and double glazing throughout, ensuring a warm and energy-efficient home. The location is highly desirable, with a range of local amenities including shops, schools, and cafes within easy reach. Excellent transport links are on offer with bus routes nearby and easy access to the M54 motorway for commuters. The area also has several parks and recreational spaces, perfect for outdoor activities.

Whether you're a first-time buyer, a growing family, or someone seeking a home with character, Bee Lane offers an exceptional opportunity to secure a well-maintained and versatile property in a popular and convenient location.

Agent Details

Dixons, Wolverhampton

01902 943774

Next Steps?

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