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3 Bed Semi-Detached House, Refurb/BRRR, Wolverhampton, WV11 1DW, £175,000

Willow Avenue, Wednesfield, Wolverhampton, WV11 1DW - 3 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£122.5K - £378K
Sold Prices/m²£1.4K/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£180,250
BMV3%

 

 

End Value (After Refurb)

£213,520

Uplift in Value

+22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Refurb Costs

£36,800

Bridging Loan Interest

£4,594

Total Cash In

£93,344

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£213,520

Mortgage (After Refinance)

£160,140

Mortgage LTV

75%

Cash Released

£28,890

Cash Left In

£64,453

Equity

£53,380

Rent Range

£875 - £1,500

Rent Estimate

£1,175

Running Costs/mo

£922

Cashflow/mo

£253

Cashflow/yr

£3,033

ROI

3%

Gross Yield

8%

Local Sold Prices

51 sold prices from £122.5K to £378K, average is £215K. £1.4K/m² to £3.7K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£241K03/230 mi57, Willow Avenue, Wolverhampton, West Midlands WV11 1DW3
£172.5K06/210 mi93, Willow Avenue, Wolverhampton, West Midlands WV11 1DW3
£220K08/230 mi63, Willow Avenue, Wolverhampton, West Midlands WV11 1DW3
£220K08/230 mi63, Willow Avenue, Wolverhampton, West Midlands WV11 1DW3
£228K07/210.05 mi83, Mill Lane, Wednesfield, Wolverhampton, West Midlands WV11 1DQ3
£215K11/210.08 mi2a, Mill Lane, Wednesfield, Wolverhampton, West Midlands WV11 1DG3
£328K07/230.08 mi30, Mill Lane, Wednesfield, Wolverhampton, West Midlands WV11 1DG3
£195K10/210.08 mi15, Beechwood Avenue, Wolverhampton, West Midlands WV11 1DR3
£252.5K10/230.08 mi20, Beechwood Avenue, Wolverhampton, West Midlands WV11 1DR3
£175K11/230.09 mi14, Elm Avenue, Wolverhampton, West Midlands WV11 1DS3
£283K05/230.11 mi77, Carlton Avenue, Wolverhampton, West Midlands WV11 1DF3
£210K12/210.11 mi114, Cannock Road, Wednesfield, Wolverhampton, West Midlands WV10 8PW3
£185K02/210.13 mi52, Blackhalve Lane, Wolverhampton, West Midlands WV11 1BH3
£280K01/230.13 mi16, Blackhalve Lane, Wolverhampton, West Midlands WV11 1BH3
£233K12/230.15 mi707, Cannock Road, Wolverhampton, West Midlands WV10 8PN3
£225K04/240.16 mi701, Cannock Road, Wolverhampton, West Midlands WV10 8PN3
£240K01/230.19 mi67, Long Knowle Lane, Wednesfield, Wolverhampton, West Midlands WV11 1JG3
£275K02/230.19 mi112, Mill Lane, Wednesfield, Wolverhampton, West Midlands WV11 1DB3
£122.5K12/200.19 mi36, Redcotts Close, Wolverhampton, West Midlands WV10 8RF3
£189.9K01/210.19 mi31, Hatton Crescent, Wolverhampton, West Midlands WV10 0SZ3
£155K08/210.2 mi95, Primrose Lane, Wolverhampton, West Midlands WV10 8RW3
£220K01/210.2 mi1, Oak Grove, Wolverhampton, West Midlands WV11 1DJ3
£190K11/230.2 mi9, Oak Grove, Wolverhampton, West Midlands WV11 1DJ3
£212K03/240.2 mi5, Oak Grove, Wolverhampton, West Midlands WV11 1DJ3
£190K02/240.2 mi24, Chesterton Road, Wolverhampton, West Midlands WV10 8SP3
£230K05/230.21 mi6, Mansard Close, Wednesfield, Wolverhampton, West Midlands WV10 8PY3
£260K06/210.21 mi80, Long Knowle Lane, Wednesfield, Wolverhampton, West Midlands WV11 1JQ3
£277K12/220.21 mi108, Long Knowle Lane, Wednesfield, Wolverhampton, West Midlands WV11 1JQ3
£183K01/210.22 mi4, Long Mill North, Wolverhampton, West Midlands WV11 1JD3
£175K03/210.22 mi3, Long Mill North, Wolverhampton, West Midlands WV11 1JD3
£378K10/230.22 mi16, Long Mill North, Wolverhampton, West Midlands WV11 1JD3
£260K12/230.22 mi3, Long Mill North, Wolverhampton, West Midlands WV11 1JD3
£250K02/210.24 mi35, Long Knowle Lane, Wednesfield, Wolverhampton, West Midlands WV11 1JF3
£125K11/200.25 mi2, Pope Road, Wolverhampton, West Midlands WV10 8LZ3
£125K11/200.25 mi2, Pope Road, Wolverhampton, West Midlands WV10 8LZ3
£210K05/230.25 mi71, Fairview Road, Wednesfield, Wolverhampton, West Midlands WV11 1BT3
£190K03/210.27 mi32, Fairview Road, Wednesfield, Wolverhampton, West Midlands WV11 1BT3
£170K11/230.28 mi30, Cannock Road, Wednesfield, Wolverhampton, West Midlands WV10 8PQ3
£200K12/200.28 mi48, D'eyncourt Road, Wednesfield, Wolverhampton, West Midlands WV10 0SX3
£195K09/210.28 mi36, Deyncourt Road, Wolverhampton, West Midlands WV10 0SX3
£227K09/230.28 mi46, Deyncourt Road, Wednesfield, Wolverhampton, West Midlands WV10 0SX3
£230K03/230.29 mi45, Croft Lane, Wolverhampton, West Midlands WV10 8RG3
£222.5K01/230.29 mi21, Balmain Crescent, Wolverhampton, West Midlands WV11 1BG3
£280K01/210.29 mi32, Pear Tree Lane, Wolverhampton, West Midlands WV11 1BD3
£255K05/220.29 mi13, Pear Tree Lane, Wolverhampton, West Midlands WV11 1BD3
£165K05/210.3 mi23, Fairview Crescent, Wolverhampton, West Midlands WV11 1BU3
£195K05/210.3 mi26, Fairview Crescent, Wolverhampton, West Midlands WV11 1BU3
£219K02/230.3 mi3, Fairview Crescent, Wolverhampton, West Midlands WV11 1BU3
£151K06/230.3 mi38, Carlyle Road, Wolverhampton, West Midlands WV10 8SW3
£175K01/230.32 mi55, Sambrook Road, Wolverhampton, West Midlands WV10 0ST3
£165.5K07/230.32 mi7, Balmain Crescent, Wolverhampton, West Midlands WV11 1BG3

Local Rents

12 rents from £875/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,50011/240.12 mi-3
£1,50002/250.12 mi-3
£1,00011/240.16 miCannock Road, Wednesfield, Wolverhampton, West Midlands, WV103
£1,00011/240.19 miMill Lane, Wednesfield, Wolverhampton, West Midlands, WV113
£1,35004/250.26 mi-3
£87503/250.37 mi-3
£1,40011/240.42 mi114 Amos Lane, Wolverhampton3
£1,00002/240.45 mi-3
£1,10003/250.51 mi-3
£97511/240.53 miOrchard Road, Wednesfield3
£1,00011/240.57 miVicarage Road, Wolverhampton, West Midlands, WV113
£1,10011/240.6 miWickham Gardens, Wolverhampton3

Links

Local Area Statistics

Population in WV11

34,832

Population in Wolverhampton

260,353

Town centre distance

3.25 miles away

Nearest school

0.20 miles away

Nearest train station

1.93 miles away

 

 

Rental growth (12m)

-1%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £175,000

February 16, 2025

Description

  • Semi Detached Property +
  • In Need Of Complete Modernisation And Refurbishment +
  • No Chain +
  • Situated In A Popular And Sought After Residential area +
  • Freehold +
  • Council Tax Band B +

A traditional semi detached property in need of complete modernisation. It is situated in a popular residential area and ideally located for all essential amenities including shops, schools and pubic transport links. The accommodation briefly comprises, porch, reception hall, lounge, dining room, kitchen, three bedrooms and bathroom.

Agent Details

Oliver Ling, Wednesfield

01902 953431

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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