3 Bed Terraced House, Single Let, Wolverhampton, WV6 0NP, £170,000

3 Austin Street, Wolverhampton - 2 months ago

BTL
ROI: 5%
~78 m²
+7 photos

ValuationOvervalued

Sold Prices£60K - £255K
Sold Prices/m²£741/m² - £2.3K/m²

 

 

Square Metres

~78 m²
Price/m²£2.2K/m²

Value Estimate

£113,099

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£895 - £1,600

Rent Estimate

£977

Running Costs/mo

£747

Cashflow/mo

£230

Cashflow/yr

£2,764

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £255K, average is £132K. £741/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£102.2K11/220.04 mi8, Austin Street, Wolverhampton, West Midlands WV6 0NW3
£95K08/210.07 mi3, Austin Street, Wolverhampton, West Midlands WV6 0NP3
£145K07/210.1 mi11, Almond Grove, Wolverhampton, West Midlands WV6 0NF3
£150K09/210.12 mi43, Glentworth Gardens, Wolverhampton, West Midlands WV6 0SH3
£225K12/220.14 mi39, Dunstall Hill, Wolverhampton, West Midlands WV6 0SR3
£152K08/210.16 mi8, Devoran Close, Wolverhampton, West Midlands WV6 0QS3
£205K04/230.16 mi80, Glentworth Gardens, Wolverhampton, West Midlands WV6 0SG3
£86K05/210.19 mi5, Mostyn Street, Wolverhampton, West Midlands WV1 4RR3
£155K09/230.2 mi74, Gorsebrook Road, Wolverhampton, West Midlands WV6 0PB3
£185K08/220.2 mi10, Francis Street, Wolverhampton, West Midlands WV1 4RN3
£171K01/230.2 mi66, Chester Street, Wolverhampton, West Midlands WV6 0PX3
£136K01/210.22 mi107, Dunstall Hill, Wolverhampton, West Midlands WV6 0SW3
£130K08/210.22 mi27, Great Hampton Street, Wolverhampton, West Midlands WV1 4AX3
£135K10/200.22 mi68, Harrow Street, Wolverhampton, West Midlands WV1 4PD3
£83K10/200.22 mi73, Craddock Street, Whitmore Reans, Wolverhampton, West Midlands WV6 0QH3
£190K10/230.22 mi85, Craddock Street, Whitmore Reans, Wolverhampton, West Midlands WV6 0QH3
£134K05/210.23 mi72, Evans Street, Wolverhampton, West Midlands WV6 0QF3
£175K07/230.24 mi1, Northam Walk, Wolverhampton, West Midlands WV6 0QP3
£70K05/240.25 mi66, Leicester Street, Wolverhampton, West Midlands WV6 0PR3
£125K12/220.25 mi35, Carter Road, Wolverhampton, West Midlands WV6 0PF3
£115K12/210.28 mi77, Rugby Street, Wolverhampton, West Midlands WV1 4PG3
£90K02/210.28 mi13, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£160.5K02/210.28 mi3, Chester Street, Wolverhampton, West Midlands WV6 0PY3
£144K09/220.28 mi37, Fawdry Street, Wolverhampton, West Midlands WV1 4PA3
£154K06/230.28 mi6, Fawdry Street, Wolverhampton, West Midlands WV1 4PA3
£99.5K03/210.29 mi53, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£125K08/210.29 mi5, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£119.5K04/220.29 mi29, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£186K10/220.29 mi53, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£80K11/210.3 mi35, Great Hampton Street, Wolverhampton, West Midlands WV1 4AX3
£130K02/230.31 mi43, Bright Street, Wolverhampton, West Midlands WV1 4AT3
£90K08/210.31 mi38, Sherwood Street, Wolverhampton, West Midlands WV1 4RQ3
£102.5K05/210.31 mi49, Sherwood Street, Wolverhampton, West Midlands WV1 4RQ3
£180K09/230.31 mi173, Staveley Road, Wolverhampton, West Midlands WV1 4RF3
£120K04/220.32 mi31, Great Hampton Street, Wolverhampton, West Midlands WV1 4AX3
£141K07/230.32 mi6, Sherwood Street, Wolverhampton, West Midlands WV1 4RG3
£60K11/230.33 mi55, Waltho Street, Wolverhampton, West Midlands WV6 0EU3
£180K06/210.34 mi10, Waltho Street, Wolverhampton, West Midlands WV6 0EZ3
£105.5K11/200.34 mi112, Gorsebrook Road, Wolverhampton, West Midlands WV6 0PE3
£116K11/200.34 mi114, Gorsebrook Road, Wolverhampton, West Midlands WV6 0PE3
£129K11/200.35 mi252, Newhampton Road East, Wolverhampton, West Midlands WV1 4AU3
£255K05/230.37 mi9, Shetland Close, Wolverhampton, West Midlands WV6 0UY3
£112.5K11/220.38 mi273, Newhampton Road East, Wolverhampton, West Midlands WV1 4AW3
£141K05/230.38 mi58, Dunkley Street, Wolverhampton, West Midlands WV1 4AN3
£118K07/210.38 mi22, Dunkley Street, Wolverhampton, West Midlands WV1 4AN3
£150K10/220.38 mi60, Park Road East, Wolverhampton, West Midlands WV1 4QB3
£187.5K07/210.4 mi10, Viaduct Drive, Wolverhampton, West Midlands WV6 0UX3
£163.5K12/220.44 mi10, Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands WV6 0RY3
£110K04/210.44 mi30, Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands WV6 0RY3
£70.1K10/230.44 mi15, Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands WV6 0RY3

Local Rents

10 rents from £895/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£97512/240.15 miLeicester Street, Wolverhampton3
£1,25003/250.22 mi-3
£99001/250.23 mi-3
£1,09002/250.25 mi-3
£1,19003/250.25 mi-3
£1,35002/240.26 mi-3
£89512/240.34 miGorsebrook Road, Wolverhampton, West Midlands, WV63
£1,60004/250.35 mi-3
£1,20001/250.42 mi-3
£1,15004/250.52 mi-3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.37 miles away

Nearest school

0.70 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £170,000

February 24, 2025

Floor Plans

Description

  • Excellent Transport Links +
  • Close to Wolverhampton City Centre +
  • Good Access to Stafford Road +
  • No Upward Chain +
  • Close to Local Schools and Amenities +

NO UPWARD CHAIN | IDEAL LOCATION | This charming 3 Bed End Terrace in Wolverhampton with excellent potential! Situated on Austin Street in Wolverhampton, this impressive Freehold property is now available for sale. This charming End of Terraced House boasts three bedrooms, WC and bathroom, and spacious reception room, making it an ideal family home.

Conveniently located with no upward chain, the property offers easy access to Stafford Road, close proximity to Wolverhampton City Centre, local schools, and amenities. With excellent transport links nearby, this property is perfect for those looking for a well-connected home.

Don't miss out on this fantastic opportunity to own a property in a sought-after location with a range of desirable features. Contact us today to arrange a viewing and make this property your new dream home or investment opportunity!

Tenure: Freehold

EPC: TBC

Council Tax Band: A

Heating: Gas

Property Type: End Terrace

Parking: Street
Reception 1

Kitchen

Bedroom 1

Bedroom 2

Bedroom 3

Bathroom

Every care has been taken with the preparation of these particulars but complete accuracy cannot be guaranteed. If there is any point which is particularly important to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. All measurements quoted are approximate. Any Fixtures, Fittings and Appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. These particulars do not constitute a contract or part of a contract.

Excellent Transport Links

Close to Wolverhampton City Centre

Good Access to Stafford Road

No Upward Chain

Close to Local Schools and Amenities

Agent Details

Concentric Sales & Lettings, Wolverhampton

01902 953085

Next Steps?

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