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2 Bed Semi-Detached House, Refurb/BRRR, Wolverhampton, WV4 4LQ, £140,000





ValuationFair Value
Sold Prices | £102K - £590K |
Sold Prices/m² | £1.6K/m² - £6.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.1K/m² |
Value Estimate | £140,000£140,000 |
| |
End Value (After Refurb) | £158,209£158,209 |
Uplift in Value | +13%+13% |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £35,000£35,000 |
Stamp Duty & Legal Fees | £5,400£5,400 |
Refurb Costs | £26,951£26,951 |
Bridging Loan Interest | £3,675£3,675 |
Total Cash In | £72,776£72,776 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £158,209£158,209 |
Mortgage (After Refinance) | £118,657£118,657 |
Mortgage LTV | 75%75% |
Cash Released | £13,657£13,657 |
Cash Left In | £59,120£59,120 |
Equity | £39,552£39,552 |
Rent Range | £550 - £4,300£550 - £4,300 |
Rent Estimate | £1,259 |
Running Costs/mo | £766£766 |
Cashflow/mo | £493£493 |
Cashflow/yr | £5,914£5,914 |
ROI | 8%8% |
Gross Yield | 11%11% |
Local Sold Prices
47 sold prices from £102K to £590K, average is £190K. £1.6K/m² to £6.3K/m², average is £2.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£203K | 02/21 | 0.12 mi | 180, Warstones Road, Penn, Wolverhampton, West Midlands WV4 4LF | £2,942 | 69 | 2 | Semi-Detached House | |
£235K | 10/23 | 0.15 mi | 235, Warstones Road, Penn, Wolverhampton, West Midlands WV4 4LE | £2,798 | 84 | 2 | Semi-Detached House | |
£217K | 03/23 | 0.19 mi | 18, Hollybush Lane, Wolverhampton, West Midlands WV4 4JJ | £3,145 | 69 | 2 | Semi-Detached House | |
£170K | 04/21 | 0.19 mi | 20, Hollybush Lane, Wolverhampton, West Midlands WV4 4JJ | - | - | 2 | Semi-Detached House | |
£232.5K | 02/23 | 0.21 mi | 12, Orton Grove, Wolverhampton, West Midlands WV4 4JN | £4,152 | 56 | 2 | Semi-Detached House | |
£170K | 06/21 | 0.21 mi | 12, Orton Grove, Wolverhampton, West Midlands WV4 4JN | £3,036 | 56 | 2 | Semi-Detached House | |
£186K | 06/21 | 0.29 mi | 255, Warstones Road, Penn, Wolverhampton, West Midlands WV4 4LA | £1,968 | 95 | 2 | Semi-Detached House | |
£230K | 01/24 | 0.31 mi | 30, Braden Road, Wolverhampton, West Midlands WV4 4JL | £3,151 | 73 | 2 | Semi-Detached House | |
£220K | 12/21 | 0.31 mi | 20, Braden Road, Wolverhampton, West Midlands WV4 4JL | £3,143 | 70 | 2 | Semi-Detached House | |
£102K | 12/22 | 0.44 mi | 23, Warstones Gardens, Wolverhampton, West Midlands WV4 4PD | - | - | 2 | Terraced House | |
£162.5K | 05/21 | 0.44 mi | 186, Pinfold Lane, Penn, Wolverhampton, West Midlands WV4 4HB | £1,987 | 82 | 2 | Terraced House | |
£339.9K | 06/23 | 0.46 mi | 10, Norton Close, Wolverhampton, West Midlands WV4 4SL | - | - | 2 | Detached House | |
£252K | 06/23 | 0.56 mi | 39, Lancaster Gardens, Wolverhampton, West Midlands WV4 4DN | £4,065 | 62 | 2 | Semi-Detached House | |
£225K | 11/23 | 0.56 mi | 8, Lancaster Gardens, Wolverhampton, West Midlands WV4 4DN | £3,214 | 70 | 2 | Bungalow | |
£590K | 12/22 | 0.58 mi | 1, Springhill Park, Wolverhampton, Staffordshire WV4 4TS | £6,344 | 93 | 2 | Detached House | |
£265K | 09/23 | 0.6 mi | 5, Church Hill, Penn, Wolverhampton, West Midlands WV4 5NP | £2,787 | 95 | 2 | Detached House | |
£285K | 08/23 | 0.6 mi | 9, Church Hill, Penn, Wolverhampton, West Midlands WV4 5NP | £5,050 | 56 | 2 | Detached House | |
£220K | 04/21 | 0.6 mi | 7, Church Hill, Penn, Wolverhampton, West Midlands WV4 5NP | - | - | 2 | Detached House | |
£223K | 02/21 | 0.61 mi | 20, Trimpley Gardens, Wolverhampton, West Midlands WV4 5PQ | £3,014 | 74 | 2 | Detached House | |
£180K | 09/23 | 0.63 mi | 19, New Street, Merry Hill, Wolverhampton, West Midlands WV3 7NW | £2,813 | 64 | 2 | Terraced House | |
£300K | 11/22 | 0.66 mi | 5, Laurel Grove, Wolverhampton, West Midlands WV3 7HJ | - | - | 2 | Detached House | |
£319.9K | 11/22 | 0.68 mi | 2, Hopstone Gardens, Penn, Wolverhampton, West Midlands WV4 4DD | £3,404 | 94 | 2 | Detached House | |
£260K | 10/21 | 0.68 mi | 13a, Hopstone Gardens, Penn, Wolverhampton, West Midlands WV4 4DD | - | - | 2 | Detached House | |
£225K | 05/21 | 0.7 mi | 9, Bhylls Lane, Wolverhampton, West Midlands WV3 8DH | - | - | 2 | Detached House | |
£149.9K | 04/21 | 0.76 mi | 14, Butts Road, Penn, Wolverhampton, West Midlands WV4 5QD | £2,272 | 66 | 2 | Terraced House | |
£139.9K | 03/21 | 0.76 mi | 11, Butts Road, Penn, Wolverhampton, West Midlands WV4 5QD | £2,372 | 59 | 2 | Terraced House | |
£190K | 08/23 | 0.76 mi | 15, Butts Road, Penn, Wolverhampton, West Midlands WV4 5QD | - | - | 2 | Terraced House | |
£175K | 04/23 | 0.77 mi | 3, Bearnett Drive, Wolverhampton, Staffordshire WV4 5NN | £1,733 | 101 | 2 | Semi-Detached House | |
£160K | 05/21 | 0.81 mi | 13, Swan Bank, Penn, Wolverhampton, West Midlands WV4 5QE | £2,194 | 73 | 2 | Terraced House | |
£183.5K | 11/23 | 0.81 mi | 8, Swan Bank, Penn, Wolverhampton, West Midlands WV4 5QE | - | - | 2 | Terraced House | |
£166K | 12/22 | 0.81 mi | 16, Swan Bank, Penn, Wolverhampton, West Midlands WV4 5QE | - | - | 2 | Terraced House | |
£190K | 11/20 | 0.81 mi | 47, Rowan Crescent, Wolverhampton, West Midlands WV3 7HN | £2,245 | 85 | 2 | Semi-Detached House | |
£197K | 11/23 | 0.81 mi | 19, Rowan Crescent, Wolverhampton, West Midlands WV3 7HN | £3,078 | 64 | 2 | Bungalow | |
£292.5K | 09/21 | 0.82 mi | 37, Wakeley Hill, Penn, Wolverhampton, West Midlands WV4 5RA | £2,985 | 98 | 2 | Detached House | |
£165K | 04/21 | 0.83 mi | 54, Rowan Crescent, Wolverhampton, West Midlands WV3 7HL | £2,538 | 65 | 2 | Semi-Detached House | |
£170K | 02/21 | 0.83 mi | 58, Rowan Crescent, Wolverhampton, West Midlands WV3 7HL | - | - | 2 | Semi-Detached House | |
£168K | 01/21 | 0.85 mi | 67, Swan Bank, Penn, Wolverhampton, West Midlands WV4 5PZ | £2,507 | 67 | 2 | Terraced House | |
£271K | 02/21 | 0.86 mi | 28, Manor Road, Penn, Wolverhampton, West Midlands WV4 5PY | £3,662 | 74 | 2 | Detached House | |
£178K | 09/23 | 0.89 mi | 3, Worfield Gardens, Penn Fields, Wolverhampton, West Midlands WV3 7EL | £3,490 | 51 | 2 | Semi-Detached House | |
£220K | 03/21 | 0.89 mi | 26, Orchard Crescent, Wolverhampton, West Midlands WV3 8DS | £3,667 | 60 | 2 | Semi-Detached House | |
£165K | 10/23 | 0.93 mi | 76, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7EU | - | - | 2 | Terraced House | |
£170K | 06/21 | 0.93 mi | 34, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7EU | £2,500 | 68 | 2 | Terraced House | |
£159.9K | 06/21 | 0.93 mi | 53, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7EU | £1,632 | 98 | 2 | Terraced House | |
£215K | 11/23 | 0.94 mi | 27, Oxbarn Avenue, Wolverhampton, West Midlands WV3 7HD | £2,722 | 79 | 2 | Semi-Detached House | |
£163.5K | 11/21 | 0.94 mi | 96, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW | - | - | 2 | Terraced House | |
£140K | 03/21 | 0.94 mi | 98, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7EW | £1,876 | 75 | 2 | Semi-Detached House | |
£185K | 01/23 | 0.98 mi | 28, Church Road, Bradmore, Wolverhampton, West Midlands WV3 7ER | £2,569 | 72 | 2 | Terraced House |
Local Rents
50 rents from £550/mo to £4.3K/mo, average is £1.2K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£550 | 11/24 | 0.09 mi | - | 1 | Flat | |
£1,400 | 11/24 | 0.11 mi | Fairview Road, Wolverhampton | 3 | Flat | |
£1,400 | 11/24 | 0.11 mi | Fairview Road, Penn, WOLVERHAMPTON | 3 | Flat | |
£650 | 11/24 | 0.12 mi | Wynchcombe Avenue, Penn, Wolverhampton | 1 | Studio Flat | |
£775 | 04/25 | 0.13 mi | - | 1 | Flat | |
£750 | 04/25 | 0.17 mi | - | 1 | Flat | |
£1,250 | 11/24 | 0.22 mi | - | 3 | Semi-Detached House | |
£1,000 | 11/24 | 0.23 mi | Wynchcombe Avenue, Penn | 2 | Flat | |
£1,200 | 11/24 | 0.23 mi | - | 3 | Semi-Detached House | |
£925 | 11/24 | 0.33 mi | Braden Road, Penn, Wolverhampton | 2 | Detached House | |
£1,500 | 11/24 | 0.35 mi | - | 4 | Semi-Detached House | |
£1,150 | 01/24 | 0.37 mi | - | 3 | Semi-Detached House | |
£1,495 | 11/24 | 0.43 mi | Pinfold Lane, Wolverhampton, WV4 | 4 | Detached House | |
£1,300 | 11/24 | 0.47 mi | Glade Gardens, Warstones, Wolverhampton | 3 | Detached House | |
£750 | 02/25 | 0.6 mi | - | 2 | Flat | |
£1,300 | 11/24 | 0.64 mi | - | 3 | Semi-Detached House | |
£1,450 | 02/25 | 0.64 mi | - | 3 | Semi-Detached House | |
£675 | 12/24 | 0.65 mi | - | 1 | Flat | |
£1,300 | 11/24 | 0.72 mi | 23 Brenton Road, Penn, Wolverhampton | 3 | Detached House | |
£650 | 11/24 | 0.72 mi | - | 1 | Flat | |
£800 | 04/25 | 0.73 mi | - | 2 | Flat | |
£1,500 | 12/24 | 0.8 mi | - | 3 | Semi-Detached House | |
£875 | 11/24 | 0.8 mi | Swan Bank, Wolverhampton | 3 | Flat | |
£1,295 | 11/24 | 0.83 mi | Wakeley Hill, Penn, Wolverhampton | 3 | Detached House | |
£1,300 | 02/25 | 0.89 mi | - | 3 | Semi-Detached House | |
£1,595 | 04/25 | 0.92 mi | - | 4 | Semi-Detached House | |
£1,400 | 11/24 | 0.94 mi | 19A Woodfield Avenue, Penn | 3 | Detached House | |
£900 | 11/24 | 0.94 mi | 4 Magnolia Court, Muchall Road, Penn | 2 | Flat | |
£899 | 02/25 | 0.94 mi | - | 2 | Bungalow | |
£2,650 | 11/24 | 0.96 mi | - | 6 | Detached House | |
£1,400 | 02/25 | 0.97 mi | - | 3 | Semi-Detached House | |
£2,950 | 11/24 | 0.98 mi | 7 Great Hall Grove, Penn | 6 | Detached House | |
£975 | 11/24 | 1.01 mi | 1 Bamber Close, Bradmore, Wolverhampton | 3 | Flat | |
£1,300 | 11/24 | 1.03 mi | - | 3 | Semi-Detached House | |
£2,700 | 04/25 | 1.03 mi | - | 3 | Detached House | |
£850 | 03/25 | 1.05 mi | - | 2 | Flat | |
£614 | 11/24 | 1.06 mi | - | 2 | Flat | |
£1,350 | 12/24 | 1.06 mi | - | 3 | Semi-Detached House | |
£1,350 | 04/25 | 1.06 mi | - | 3 | Semi-Detached House | |
£1,950 | 11/24 | 1.06 mi | Showell Lane, Lower Penn, WV4 | 4 | Flat | |
£690 | 11/24 | 1.07 mi | - | 1 | Flat | |
£695 | 04/25 | 1.07 mi | - | 1 | Flat | |
£1,095 | 02/25 | 1.08 mi | - | 3 | Terraced House | |
£4,300 | 04/25 | 1.11 mi | - | 5 | Semi-Detached House | |
£1,200 | 12/24 | 1.11 mi | - | 3 | Terraced House | |
£1,750 | 11/24 | 1.15 mi | - | 4 | Semi-Detached House | |
£1,750 | 01/25 | 1.15 mi | - | 4 | Semi-Detached House | |
£725 | 04/25 | 1.17 mi | - | 1 | Flat | |
£1,200 | 11/24 | 1.21 mi | 25 Market Lane, Lower Penn | 3 | Terraced House | |
£1,195 | 02/24 | 1.21 mi | - | 3 | Semi-Detached House |
Local Area Statistics
Population in WV4 | 34,29534,295 |
Population in Wolverhampton | 260,353260,353 |
Town centre distance | 1.74 miles away1.74 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 2.46 miles away2.46 miles away |
| |
Rental growth (12m) | +30%+30% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +39%+39% |
Property History
Listed for £140,000
February 11, 2025
Floor Plans

Description
- With huge cosmetic potential! +
- Sought after residential area +
- Two large double bedrooms +
- Driveway accommodating parking for a minimum of two vehicles +
- Garden outbuilding +
- No upward chain +
- Vacant possession +
- The property will make a fantastic home for a growing family +
- Sitting close to a host of local amenities, schools and transport links +
- A genuine must see home! +
Call us 9AM - 9PM - 7 days a week, 365 days a year! If you're looking for a fantastic cosmetic project in a sought after residential area offering generous room dimensions throughout, look no further than this wonderful two bedroom semi-detached home on Warstones Crescent! Briefly offering an entrance hallway, living room, dining room, kitchen, first floor landing, two large double bedrooms, a large family bathroom, enclosed rear garden including an outbuilding and a driveway to front accommodating parking for a minimum of two vehicles. The property has huge capital growth potential upon renovation works and is a must see for any property investor or small family looking for a project to make their own! The Location & Area Set to the south west of Wolverhampton City Centre in the Penn area, this choice cul de sac location has easy access to the A449 route. There are good local shopping facilities and transport links and Penn Hospital is approximately half a mile away.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. Fees & Charges Explained
Warstones Crescent, Penn, Wolverhampton, WV4 4LQ
This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT. Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding. A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price. This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.
Buyer Information Pack
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £349.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information. Tenure: Freehold,
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