4 Bed Flat, Single Let, Wolverhampton, WV3 0EX, £120,000

Lime Street, Wolverhampton, WV3 0EX - 2 months ago

Auction
BTL
ROI: 10%
~129 m²
+2 photos

Valuation

Sold PricesNo enough data locally

 

 

Square Metres

~129.26 m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£775 - £4,500

Rent Estimate

£875

Running Costs/mo

£570

Cashflow/mo

£305

Cashflow/yr

£3,660

ROI

10%

Gross Yield

9%

Local Sold Prices

Not enough data

Local Rents

36 rents from £775/mo to £4.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£4,50012/230.02 mi-12
£4,00004/250.03 mi-12
£87504/250.06 mi-3
£3,35001/250.06 mi-4
£3,20002/250.06 mi-4
£1,20011/240.06 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.06 miMerridale Street West, Wolverhampton, West Midlands, WV33
£77511/240.12 miKimberley Street, Wolverhampton, WV33
£1,30011/240.13 miOwen Road, WOLVERHAMPTON4
£2,00012/240.15 mi-4
£4,20002/250.16 mi-4
£1,29504/250.16 mi-3
£1,00011/240.2 miMerridale Street West, Wolverhampton, WV33
£1,00011/240.2 mi-3
£85001/250.2 mi-3
£1,00004/250.22 mi-4
£1,05002/250.24 mi-3
£89511/240.32 miBruford Road, Wolverhampton, WV33
£1,14511/240.33 mi-3
£1,20011/240.35 mi-3
£1,20011/240.39 miOak Street, Merridale, Wolverhampton, WV33
£1,50011/240.41 mi-3
£1,20011/240.42 mi-3
£1,20001/250.43 mi-3
£1,20001/250.43 mi-3
£1,05011/240.45 miStanford Road, Wolverhampton, West Midlands, WV23
£1,10011/240.46 miMerridale Road, WOLVERHAMPTON3
£1,10004/250.54 mi-3
£2,70011/240.56 mi-3
£2,70011/240.56 mi-4
£2,70011/240.56 mi-4
£2,99902/250.56 mi-4
£2,99903/250.56 mi-4
£1,75011/240.57 mi-4
£1,75001/250.57 mi-4
£1,50011/240.58 miHaden Hill, Wolverhampton, WV34

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

1.07 miles away

Nearest school

0.20 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £120,000

April 6, 2025

Listed for £135,000

February 21, 2025

Floor Plans

Description

  • The Modern Method of Auction +
  • Subject to Reserve Price +
  • For Sale by Modern Auction – T & C’s apply +
  • Buyers fees apply +
  • Priced to sell +
  • Double Glazing and Central Heating +
  • Three of four bedrooms currently rented with tenants in situ +
  • Double glazing and central heating +

Fantastic Investment Opportunity – FOR SALE VIA MODERN METHOD OF AUCTION This property presents an excellent investment opportunity, with three tenants currently in situ. The layout includes a ground-floor bedroom, a communal living room, a shared kitchen area, and a downstairs bathroom. Upstairs, there are three additional bedrooms. The property benefits from double glazing and central heating throughout. Externally, there is a rear garden with side access to the front. Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

EPC Rating: D

Agent Details

Bartlams, Tettenhall

01902 943789

Next Steps?

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