3 Bed Terraced House, Single Let, Wolverhampton, WV3 0RP, £150,000

Merridale Street West, Wolverhampton, WV3 0RP - 11 views - 4 months ago

Sold STC
BTL
ROI: 9%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£47K - £247K
Sold Prices/m²£365/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£150,000

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£775 - £2,700

Rent Estimate

£1,000

Running Costs/mo

£689

Cashflow/mo

£311

Cashflow/yr

£3,735

ROI

9%

Gross Yield

8%

Local Sold Prices

50 sold prices from £47K to £247K, average is £149.5K. £365/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£158.2K10/230 mi215, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£110K04/230 mi223, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£153K07/210.05 mi55, Lennox Gardens, Wolverhampton, West Midlands WV3 0RR3
£190K11/230.06 mi25, Rayleigh Road, Wolverhampton, West Midlands WV3 0AR3
£130K12/220.07 mi100, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£168.9K02/230.08 mi52, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£130K03/210.08 mi16, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£143K04/210.08 mi78, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£120K12/230.08 mi14, Aston Street, Wolverhampton, West Midlands WV3 0HY3
£94.5K12/200.12 mi102, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£150K06/210.12 mi124, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£170K05/230.14 mi63, Kimberley Street, Penn Fields, Wolverhampton, West Midlands WV3 0BP3
£148K11/210.15 mi31, Manlove Street, Wolverhampton, West Midlands WV3 0HG3
£158.5K09/230.16 mi26, Norfolk Road, Wolverhampton, West Midlands WV3 0JA3
£47K12/200.17 mi32, Lime Street, Wolverhampton, West Midlands WV3 0EY3
£170K06/210.18 mi33, Bamford Road, Wolverhampton, West Midlands WV3 0AT3
£135K07/230.18 mi44, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HW3
£122K11/200.19 mi31, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£127.5K01/210.19 mi9, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£100K11/200.19 mi85, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£135K03/230.19 mi11, Cardiff Street, Wolverhampton, West Midlands WV3 0EZ3
£124K06/210.2 mi44, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£110K01/210.2 mi110, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£125K03/210.21 mi13, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£134K01/230.21 mi19, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£210K11/230.22 mi72, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£227K12/230.22 mi92, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£206K01/230.22 mi21, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AN3
£90K09/210.22 mi139, Lime Street, Wolverhampton, West Midlands WV3 0HA3
£195K11/220.22 mi51, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£205K09/230.23 mi30, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£121.5K01/230.23 mi89, Norfolk Road, Wolverhampton, West Midlands WV3 0HZ3
£149K11/210.24 mi16, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£163K02/230.24 mi14, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£150K02/230.24 mi29, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£190K04/240.24 mi85, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AL3
£224K11/220.27 mi133, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7HA3
£82K04/210.29 mi16, Fisher Street, Wolverhampton, West Midlands WV3 0LF3
£145K10/200.29 mi7, Barn Green, Wolverhampton, West Midlands WV3 7AY3
£142K04/210.29 mi37, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£212K03/230.29 mi19, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£165K12/220.3 mi7, Hornbeam Walk, St Marks, Wolverhampton, West Midlands WV3 0XF3
£120K10/200.3 mi16, Hornbeam Walk, St Marks, Wolverhampton, West Midlands WV3 0XF3
£173K11/200.3 mi23, Merridale Gardens, Wolverhampton, West Midlands WV3 0UU3
£138.8K06/210.3 mi32, Laburnum Street, Wolverhampton, West Midlands WV3 0BT3
£190K01/210.3 mi42, Yew Street, Chapel Ash, Wolverhampton, West Midlands WV3 0DA3
£152K05/210.31 mi71, Oak Street, Wolverhampton, West Midlands WV3 0AH3
£190K04/210.31 mi3, Addison Road, Bradmore, Wolverhampton, West Midlands WV3 7AR3
£199.9K10/230.31 mi24, Hughes Avenue, Wolverhampton, West Midlands WV3 7AX3
£247K12/220.31 mi20, Yew Street, Chapel Ash, Wolverhampton, West Midlands WV3 0DA3

Local Rents

22 rents from £775/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£85001/250 mi-3
£1,00011/240.01 mi-3
£1,00011/240.01 miMerridale Street West, Wolverhampton, WV33
£1,05002/250.11 mi-3
£1,29504/250.14 mi-3
£77511/240.14 miKimberley Street, Wolverhampton, WV33
£87504/250.19 mi-3
£89511/240.19 miBruford Road, Wolverhampton, WV33
£1,50011/240.22 mi-3
£1,20011/240.22 mi-3
£1,20001/250.24 mi-3
£1,20001/250.24 mi-3
£1,20011/240.25 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.25 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.3 mi-3
£1,20011/240.35 miOak Street, Merridale, Wolverhampton, WV33
£1,10011/240.36 miMerridale Road, WOLVERHAMPTON3
£1,14511/240.39 mi-3
£1,09502/250.54 mi-3
£1,10003/250.54 mi-3
£2,70011/240.57 mi-3
£1,05011/240.61 miStanford Road, Wolverhampton, West Midlands, WV23

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

0.92 miles away

Nearest school

0.10 miles away

Nearest train station

0.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £150,000

December 13, 2024

Sold for £102,500

2021

Sold for £70,000

2019

Sold for £25,000

2000

Floor Plans

Description

  • A RECENTLY RENOVATED THREE BEDROOM MID TERRACE HOME +
  • NO ONWARD CHAIN & AVAILABLE NOW +
  • Stylish ground floor shower room +
  • Modern fitted kitchen +
  • Rear garden +
  • Two reception rooms which could be used as a lounge and dining room +
  • Perfect for first time buyers & investors +
  • Situated near to shops, amenities, transport links and schools +

SUMMARY
A RENOVATED THREE BEDROOM MID TERRACE HOME BOASTING NO ONWARD CHAIN & AVAILABLE NOW. Accommodation comprises; two reception rooms, kitchen, ground floor shower room, three bedrooms & rear garden.

DESCRIPTION
Connells Wolverhampton welcomes this renovated three-bedroom mid-terrace home on Merridale Street West, where contemporary living meets classic charm in the Penn Fields area. This property is offered with no onward chain, making it an ideal choice for buyers.

The accommodation begins with a welcoming front reception room, perfect for relaxing or entertaining guests. The second reception room offers a versatile space that can be utilised as a cosy lounge or a dining room, catering to your lifestyle needs. The modern kitchen is well-equipped, providing a stylish and functional area. Completing the ground floor is a stunning shower room, designed with modern finishes that enhance the overall appeal of the home.

As you head upstairs, you'll find three generously sized bedrooms, each offering ample space, making them perfect for family living or as guest rooms.

Outside, the property boasts a rear garden, providing an outdoor space for leisure and enjoyment, ideal for summer barbecues or children's play area.

This delightful home combines modern amenities with traditional character. Don't miss the opportunity to make this your new home! Call the Connells Wolverhampton branch today to book your viewing.

Location And Area 
Situated within the Penn Fields area of Wolverhampton which is conveniently located for Wolverhampton City Centre and popular local schools. There are a wonderful selection of local shops within Wolverhampton City Centre.

Front Reception Room 11' 6" max x 11' 6" max ( 3.51m max x 3.51m max )
Double glazed window to the front, radiator and ceiling light point.

Second Reception Room 11' 6" max x 11' 6" max ( 3.51m max x 3.51m max )
Double glazed window to the rear, storage cupboard, ceiling light point, radiator and doors leading to the front reception room, stairs rising to the first floor and kitchen.

Kitchen 10' 5" x 7' 6" ( 3.17m x 2.29m )
Matching wall and base units with stainless steel sink and drainer with mixer tap, integrated electric oven, four ring electric hob, plumbing point for washing machine, extractor hood, partly tiled walls, wall mounted boiler, double glazed window to the side, ceiling light point and doors to the second reception room and lobby.

Lobby 
Radiator, wall light and doors to the kitchen, ground floor shower room and rear garden.

Ground Floor Shower Room 
Walk-in shower, low flush WC, wash hand basin, partly tiled walls, heated towel rail, extractor fan, ceiling light point and double glazed window to the side.

First Floor Landing 
Radiator, two ceiling light points and doors leading to all bedrooms

Bedroom One 11' 6" max x 11' 4" max ( 3.51m max x 3.45m max )
Double glazed window to the front, ceiling light point and radiator.

Bedroom Two 11' 7" x 8' 6" ( 3.53m x 2.59m )
Double glazed window to the rear, radiator, ceiling light point and cupboard with loft access.

Bedroom Three 12' x 7' 5" ( 3.66m x 2.26m )
Double glazed window to the rear, ceiling light point and radiator.

Outside Rear 
Rear garden with right of access and a mature tree.

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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