3 Bed Semi-Detached House, Refurb/BRRR, Wolverhampton, WV6 9DT, £270,500

13A CONISTON ROAD, WOLVERHAMPTON, WV6 9D - 4 views - 4 months ago

Refurb/BRRR
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£77K - £645K
Sold Prices/m²£753/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£202,692

 

 

End Value (After Refurb)

£267,000

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£67,625

Stamp Duty & Legal Fees

£11,100

Refurb Costs

£36,550

Bridging Loan Interest

£7,101

Total Cash In

£124,126

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£267,000

Mortgage (After Refinance)

£200,250

Mortgage LTV

75%

Cash Left In

£124,126

Equity

£66,750

Rent Range

£900 - £1,500

Rent Estimate

£1,100

Running Costs/mo

£1,074

Cashflow/mo

£26

Cashflow/yr

£308

ROI

0%

Gross Yield

5%

Local Sold Prices

52 sold prices from £77K to £645K, average is £220.5K. £753/m² to £3.9K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£230K03/230.05 mi19, Windermere Road, Wolverhampton, West Midlands WV6 9DW3
£238.5K06/230.08 mi12, Coniston Road, Wolverhampton, West Midlands WV6 9DS3
£250K03/240.08 mi6, Coniston Road, Wolverhampton, West Midlands WV6 9DS3
£240.1K05/210.09 mi4a, Windermere Road, Wolverhampton, West Midlands WV6 9DR3
£246K11/210.11 mi47, Windermere Road, Wolverhampton, West Midlands WV6 9DL3
£221K02/210.11 mi75, Coniston Road, Wolverhampton, West Midlands WV6 9DT3
£245K02/210.13 mi23, Coniston Road, Wolverhampton, West Midlands WV6 9DT3
£230K04/210.13 mi5, Coniston Road, Wolverhampton, West Midlands WV6 9DT3
£220K02/230.14 mi7, Grasmere Close, Tettenhall, Wolverhampton, West Midlands WV6 9DP3
£232K10/210.14 mi21, Grasmere Close, Tettenhall, Wolverhampton, West Midlands WV6 9DP3
£230K05/210.15 mi5, Derwent Road, Wolverhampton, West Midlands WV6 9ER3
£239.9K04/230.15 mi7, Derwent Road, Wolverhampton, West Midlands WV6 9ER3
£165K11/230.15 mi10, Barnhurst Lane, Wolverhampton, West Midlands WV8 1XB3
£168K01/230.17 mi1, Granary Road, Wolverhampton, West Midlands WV8 1UZ3
£165K01/230.17 mi9, Granary Road, Wolverhampton, West Midlands WV8 1UZ3
£250K01/210.18 mi24, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£227.5K08/210.18 mi46, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£267K08/230.18 mi58, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£125K03/210.18 mi8, Granary Road, Wolverhampton, West Midlands WV8 1UZ3
£136K01/210.21 mi6, The Glade, Wolverhampton, West Midlands WV8 1UU3
£136K01/210.21 mi6, The Glade, Wolverhampton, West Midlands WV8 1UU3
£236K12/200.22 mi64, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£232.8K11/200.25 mi105, Derwent Road, Wolverhampton, West Midlands WV6 9EU3
£160K04/230.25 mi34, Forge Close, Pendeford, Wolverhampton, West Midlands WV8 1UY3
£156.3K11/230.27 mi54, Barnwood Road, Wolverhampton, West Midlands WV8 1UL3
£190K07/230.28 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£190K07/230.28 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£150K07/220.29 mi12, Russet Walk, Pendeford, Wolverhampton, West Midlands WV8 1UQ3
£209K05/210.3 mi77, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.3 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.3 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£160.5K08/220.3 mi48, Wheatsheaf Road, Wolverhampton, West Midlands WV8 1UX3
£145K10/220.31 mi15, Ganton Walk, Wolverhampton, West Midlands WV8 1YL3
£185K10/230.31 mi54, Eastney Crescent, Wolverhampton, West Midlands WV8 1YQ3
£340K12/220.32 mi39, Belvedere Gardens, Wolverhampton, West Midlands WV6 9QL3
£152K12/220.34 mi14, Harvesters Walk, Pendeford, Wolverhampton, West Midlands WV8 1UG3
£163K07/220.35 mi335, Ryefield, Wolverhampton, West Midlands WV8 1UD3
£121K03/210.37 mi8, Smallwood Road, Pendeford, Wolverhampton, West Midlands WV8 1UE3
£275K06/230.37 mi15, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£285K05/230.37 mi34, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£242K12/230.37 mi32, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£180K02/240.37 mi14, Cosgrove Walk, Wolverhampton, West Midlands WV8 1YD3
£645K11/200.39 mi53, Codsall Road, Wolverhampton, West Midlands WV6 9QD3
£435K02/210.39 miEast Holme, Links Avenue, Wolverhampton, West Midlands WV6 9QF3
£145K11/200.41 mi9, Alderford Close, Wolverhampton, West Midlands WV8 1YJ3
£77K08/230.43 mi13, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EG3
£105K11/200.44 mi2, Fallowfield, Pendeford, Wolverhampton, West Midlands WV8 1TA3
£245K12/200.44 mi63, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£280K11/220.44 mi49, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£240K07/230.44 mi25, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£230K10/230.44 mi21, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£203.1K09/210.45 mi83, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HL3

Local Rents

15 rents from £900/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40012/230.1 mi-3
£1,50001/240.1 mi-3
£1,29512/240.22 miThirlmere Close, Palmers Cross3
£1,20003/250.26 mi-3
£1,19504/250.26 mi-3
£96007/240.26 mi-3
£1,05004/250.26 mi-3
£1,00009/230.26 mi-3
£90002/240.34 mi-3
£1,00001/250.34 mi-3
£90012/230.5 mi-3
£1,20012/240.5 miBlakeley avenue, Wolverhampton3
£97512/240.53 miDam Mill Close, Codsall, Wolverhampton3
£97512/240.53 miDam Mill Close, Codsall, Wolverhampton3
£1,10003/250.61 mi-3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.98 miles away

Nearest school

0.10 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Price changed to £270,500

March 24, 2025

Price changed to £275,000

March 4, 2025

Listed for £280,000

January 14, 2025

Floor Plans

Description

  • No Onward Chain +
  • Extended & Well Presented Three Bedroom Home +
  • Ideal Family Home +
  • Close To A Range Of Local Amenities +
  • Extremely Popular Location In Outskirts Of Wolverhampton +
  • Separate Living & Sitting Rooms +

NO CHAIN - Extended three bedroom semi-detached home situated on the outskirts of Wolverhampton occupying an enviable position within walking distance of local shops, schools in both sectors & Bilbrook Train Station just a short drive away. Whilst the property would benefit from some general modernisation, there is well presented and spacious accommodation throughout featuring entrance porch, hallway, separate living and sitting rooms, extended kitchen, three bedrooms, shower room, large rear garden and a driveway to the front providing off road parking.

Approach - The property is approached via a block paved driveway providing off road parking.

Entrance Porch - Door to the hallway.

Hallway - Radiator, staircase to the first floor landing and doors to both the living room, dining room and kitchen.

Dining Room - Double glazed bay window to the front and radiator.

Extended Living Room - Double glazed window to the rear, radiator and feature fireplace.

Kitchen - Double glazed window to the rear, tiled floor, part tiled walls, built in pantry and a range of fitted wall, drawer and base units with roll edge work surfaces over incorporating a 1¼ sink and drainer unit with mixer tap. There is space for various household appliances including plumbing for a washing machine and a part glaze door provides access to the rear.

First Floor Landing - Double glazed obscure window to the side, loft access hatch and doors radiating to:

Bedroom One - Double glazed bay window to the front and radiator.

Bedroom Two - Double glazed window to the rear and radiator.

Bedroom Three - Double glazed window to the front and radiator.

Shower Room - Double glazed obscure window to the rear, tiled walls, built in airing cupboard and suite comprising close coupled w.c, wash hand basin and electric shower.

Garage - Up and over door to the front, power points and lighting.

Rear Garden - To the rear of the property is a good size mature garden with a paved patio area and lawn beyond.

Parking - Driveway to the front providing off road parking.

Council Tax - Wolverhampton City Council - Tax Band C

Tenure Freehold - The property is freehold.

Services - The agent understands that mains gas, electricity, water and drainage are available.

Other Information - We understand that a grant of probate has been applied for but is yet to be issued.

Agent Details

Sanders, Wright & Freeman, Wolverhampton

01902 943761

Next Steps?

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