4 Bed Semi-Detached House, Refurb/BRRR, Wolverhampton, WV6 7LT, £250,000

Manston Drive, Wolverhampton, WV6 7LT - 1 views - 2 months ago

Sold STC
Refurb/BRRR
ROI: 3%
~129 m²
+9 photos

ValuationUndervalued

Sold Prices£224K - £800K
Sold Prices/m²£2.1K/m² - £4.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.9K/m²

Value Estimate

£257,500
BMV3%

 

 

End Value (After Refurb)

£387,772

Uplift in Value

+55%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Refurb Costs

£50,800

Bridging Loan Interest

£6,563

Total Cash In

£137,813

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£387,772

Agent Fees (1%)

£3,878

Bridging Loan

£187,500

Bridging Loan Interest

£6,563

Flip Profit

£58,581

Local Sold Prices

50 sold prices from £224K to £800K, average is £350K. £2.1K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£260K06/230.13 mi16, Harald Close, Perton, Wolverhampton, Staffordshire WV6 7NJ4
£285K10/230.15 mi3, Livingstone Avenue, Perton, Wolverhampton, Staffordshire WV6 7TF4
£270K01/240.16 mi5, Edward Road, Perton, Wolverhampton, Staffordshire WV6 7NA4
£430K08/210.2 mi15, Collett Road, Perton, Wolverhampton, Staffordshire WV6 7YE4
£420K04/230.21 mi1, Brunel Grove, Perton, Wolverhampton, Staffordshire WV6 7YD4
£360K06/210.27 mi3, Wentworth Grove, Perton, Wolverhampton, Staffordshire WV6 7RD4
£378K06/210.27 mi18, Wentworth Grove, Perton, Wolverhampton, Staffordshire WV6 7RD4
£390K11/200.27 mi38, Wentworth Grove, Perton, Wolverhampton, Staffordshire WV6 7RD4
£325K12/200.3 mi4, The Belfry, Perton, Wolverhampton, Staffordshire WV6 7YX4
£360K11/200.31 mi6, Turnberry Close, Wolverhampton, Staffordshire WV6 7RE4
£454.6K08/230.31 mi2, Turnberry Close, Wolverhampton, Staffordshire WV6 7RE4
£229K01/230.36 mi3, Melrose Drive, Wolverhampton, Staffordshire WV6 7XH4
£327K09/210.37 mi5, Piper Close, Perton, Wolverhampton, Staffordshire WV6 7NS4
£492.5K01/240.41 mi44, Lytham Road, Perton, Wolverhampton, Staffordshire WV6 7YY4
£384K06/230.41 mi11, Lytham Road, Perton, Wolverhampton, Staffordshire WV6 7YY4
£350K02/230.45 mi12, The Cartway, Perton, Wolverhampton, Staffordshire WV6 7TZ4
£284K02/230.45 mi40, Reynolds Grove, Wolverhampton, Staffordshire WV6 7NY4
£247K11/230.47 mi34, Canterbury Drive, Perton, Wolverhampton, Staffordshire WV6 7XA4
£260K12/220.48 mi64, Severn Drive, Wolverhampton, Staffordshire WV6 7QL4
£445K04/230.49 mi47, Gainsborough Drive, Wolverhampton, Staffordshire WV6 7NR4
£287K08/230.49 mi25, Sutherland Grove, Perton, Wolverhampton, Staffordshire WV6 7PA4
£335K05/210.51 mi9, The Pastures, Perton, Wolverhampton, Staffordshire WV6 7UJ4
£350K09/210.51 mi6, The Pastures, Perton, Wolverhampton, Staffordshire WV6 7UJ4
£224K02/210.54 mi7, Naseby Road, Wolverhampton, Staffordshire WV6 7SL4
£300K08/230.56 mi8, Yew Tree Lane, Tettenhall, Wolverhampton, West Midlands WV6 8UF4
£315K03/210.6 mi12, Barley Croft, Perton, Wolverhampton, Staffordshire WV6 7XX4
£735K08/230.6 mi65, Yew Tree Lane, Tettenhall, Wolverhampton, West Midlands WV6 8UQ4
£375K01/210.6 mi13, Yew Tree Lane, Tettenhall, Wolverhampton, West Midlands WV6 8UG4
£265K11/200.61 mi21, Tintagel Close, Wolverhampton, Staffordshire WV6 7RG4
£345K12/220.61 mi5, Hawksmoor Drive, Perton, Wolverhampton, Staffordshire WV6 7TL4
£315K06/210.63 mi11, Roundway Down, Wolverhampton, Staffordshire WV6 7SX4
£585K09/210.64 mi103, Yew Tree Lane, Tettenhall, Wolverhampton, West Midlands WV6 8UN4
£350K12/220.65 mi20, Wren Avenue, Wolverhampton, Staffordshire WV6 7TS4
£360K08/230.65 mi32, Hawksmoor Drive, Perton, Wolverhampton, Staffordshire WV6 7TE4
£300K01/210.65 mi16, Wren Avenue, Wolverhampton, Staffordshire WV6 7TS4
£270K05/210.65 mi106, Richmond Drive, Perton, Wolverhampton, Staffordshire WV6 7UQ4
£290K11/200.66 mi25, Richmond Drive, Perton, Wolverhampton, Staffordshire WV6 7RR4
£500K02/230.68 mi15, Wergs Hall Road, Wolverhampton, West Midlands WV6 9DA4
£425K04/210.69 mi20, Cranmere Avenue, Wolverhampton, West Midlands WV6 8TS4
£465K08/230.69 mi10, Berkeley Close, Wolverhampton, Staffordshire WV6 7RX4
£355K12/200.7 mi91, Woodthorne Road South, Tettenhall, Wolverhampton, West Midlands WV6 8XL4
£376K09/230.71 mi19, St Mawes Road, Perton, Wolverhampton, Staffordshire WV6 7UN4
£272K04/210.71 mi28, St Mawes Road, Perton, Wolverhampton, Staffordshire WV6 7UN4
£279.9K10/210.75 mi7, Tutbury Avenue, Perton, Wolverhampton, Staffordshire WV6 7UR4
£800K03/210.78 mi15, Woodthorne Road, Tettenhall, Wolverhampton, West Midlands WV6 8TU4
£635K01/210.82 miWhiteoaks, 60, Perton Road, Wolverhampton, West Midlands WV6 8DJ4
£735K01/210.82 mi108, Wrottesley Road, Tettenhall, Wolverhampton, West Midlands WV6 8SJ4
£349.9K03/210.82 mi20, Goodrich Avenue, Perton, Wolverhampton, Staffordshire WV6 7UL4
£590K01/210.86 mi6, Chatsworth Gardens, Wolverhampton, West Midlands WV6 8UU4
£560K05/210.86 mi17, Chatsworth Gardens, Wolverhampton, West Midlands WV6 8UU4

Local Rents

23 rents from £850/mo to £4.5K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,10012/240.08 miMercia Drive, Wolverhampton, WV63
£99512/240.16 miBrowning Grove, Perton, WOLVERHAMPTON3
£1,79512/240.41 miLytham Road, Perton4
£1,15012/240.5 miThe Windrow, Perton, Wolverhampton, Staffordshire, WV63
£2,70012/240.68 mi1 Wrekin Lane, Tettenhall4
£1,25010/240.75 mi-3
£1,90004/250.89 mi-3
£2,75012/240.89 miPerton Road, Wightwick, Wolverhampton4
£1,20012/240.92 miRegis Road, Wolverhampton4
£1,20012/240.93 miRegis Road, Tettenhall, Wolverhampton3
£2,65012/241 miApsley House, Quail Green, Wightwick5
£3,99512/241.01 miTinacre Hill, Wightwick, Wolverhampton6
£1,65012/241.03 miSutton Farm Barns, Claverley3
£3,99512/241.07 miThe New House, Tinacre Hill, Wightwick6
£2,50012/241.07 mi3 Hollycroft Gardens, Tettenhall4
£1,20012/241.08 mi-3
£1,20012/241.08 miWoodland Avenue, Wolverhampton, WV63
£3,50004/251.13 mi-4
£85012/241.14 miCornwall Road, Tettenhall3
£1,99512/241.15 miSouthcliffe, Pattingham Road4
£4,50012/241.16 miFoley Avenue, Tettenhall4
£1,95012/241.16 mi-4
£89512/241.21 miCornwall Road, Tettenhall, Wolverhampton, WV6 8UZ3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.95 miles away

Nearest school

0.10 miles away

Nearest train station

1.86 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £250,000

February 20, 2025

Floor Plans

Description

  • Garden +
  • Parking +
  • Close to Schools +
  • Deceptively Large +

We are delighted to bring to market this deceptively large 4 bedroom, 3 bathroom semi-detached family home in the popular village of Perton, Wolverhampton. 

This delightful property boasts fantastic schools (Perton First School and Perton Primary) and local amenities a stone's throw away with Sainsburys and the centre being within only half a mile. The property has been extended by the current owners by adding a porch and toilet to the front elevation, and a double story extension to the back adding a spacious dining room and utility to the ground floor and a large bedroom to the second floor. Whilst in need of cosmetic modernisation, the owner has kept the property in a good state of repair and it provides fantastic opportunities for a buyer to put their own stamp on it. 

The property comprises of a porch with toilet to the right as you enter the property. Down the hallway can be found the large kitchen to the left and access to the integrated garage to the right that easily allows parking for a family car. The lounge is straight ahead, through which the study, dining room and utility can be found. The spacious and low maintenance south facing private garden to the rear is accessible via the utility. 

Leading up the stairs to the first floor landing are four good sized bedrooms with a toilet and sink ensuite to the master, and a large family bathroom with separate shower and bath. There aren't any photos of the fourth bedroom or the study because the owner is in the process of clearing the property and these are currently being used as storage. 

Viewing is encouraged to fully appreciate the size and opportunities this property provides.

Agent Details

Associate, Yopa, Hinckley

03301 232730

Next Steps?

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