3 Bed Terraced House, Refurb/BRRR, Bilston, WV14 6DW, £150,000

Oaklands Green, Wolverhampton, West Midlands, WV14 6DW - 2 months ago

Sold STC
Cash
Refurb/BRRR
ROI: 5%
~93 m²
+12 photos

ValuationFair Value

Sold Prices£100K - £360K
Sold Prices/m²£1.3K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£150,000

 

 

End Value (After Refurb)

£182,679

Uplift in Value

+22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£9,200

Refurb Costs

£36,800

Bridging Loan Interest

£3,938

Total Cash In

£89,188

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£182,679

Mortgage (After Refinance)

£137,009

Mortgage LTV

75%

Cash Released

£24,509

Cash Left In

£64,679

Equity

£45,670

Rent Range

£715 - £2,599

Rent Estimate

£1,197

Running Costs/mo

£830

Cashflow/mo

£367

Cashflow/yr

£4,401

ROI

5%

Gross Yield

10%

Local Sold Prices

50 sold prices from £100K to £360K, average is £172.5K. £1.3K/m² to £3.4K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£161K07/210 mi53, Oaklands Green, Bilston, West Midlands WV14 6DW3
£170K11/200 mi3, Oaklands Green, Bilston, West Midlands WV14 6DW3
£180K06/230.13 mi5, Park Meadow Avenue, Bilston, West Midlands WV14 6HA3
£150K11/200.15 mi5, Clement Place, Bilston, West Midlands WV14 6QE3
£160K12/200.15 mi31, Church Green, Bilston, West Midlands WV14 6HJ3
£160K01/230.16 mi14, Lime Grove, Bilston, West Midlands WV14 6EQ3
£186K12/210.17 mi7, Price Crescent, Bilston, West Midlands WV14 6RB3
£175K01/240.17 mi14, Price Crescent, Bilston, West Midlands WV14 6RB3
£155K11/200.19 mi9, Bayliss Close, Bilston, West Midlands WV14 6DB3
£185K09/230.2 mi57, Lawnside Green, Bilston, West Midlands WV14 6HP3
£175K09/230.2 mi68, Lawnside Green, Bilston, West Midlands WV14 6HP3
£115.5K05/210.21 mi38, Parkview Road, Bilston, West Midlands WV14 6HH3
£115.5K05/210.21 mi38, Parkview Road, Bilston, West Midlands WV14 6HH3
£149K12/200.21 mi10, Hughes Place, Bilston, West Midlands WV14 6QX3
£220K04/230.23 mi3, Park View Road, Bilston, West Midlands WV14 6HB3
£130K11/200.23 mi15, Hughes Road, Bilston, West Midlands WV14 6QU3
£134K06/210.24 mi5, Fellows Road, Bilston, West Midlands WV14 6RD3
£180K10/230.25 mi12, Haddock Road, Bilston, West Midlands WV14 6QG3
£175K10/210.26 mi42, Broadmeadow Green, Bilston, West Midlands WV14 6EG3
£132K06/210.27 mi88, Prouds Lane, Bilston, West Midlands WV14 6QA3
£240K06/210.27 mi53, Prouds Lane, Bilston, West Midlands WV14 6QA3
£148K08/210.28 mi59, Villiers Avenue, Bilston, West Midlands WV14 6QY3
£215K01/210.28 mi55, Langdale Drive, Bilston, West Midlands WV14 6LX3
£210K11/230.3 mi3, Alcester Drive, Willenhall, West Midlands WV13 3QW3
£220K12/230.3 mi7, Alcester Drive, Willenhall, West Midlands WV13 3QW3
£185K07/210.32 mi6, Chiltern Drive, Willenhall, West Midlands WV13 3QL3
£207K03/230.32 mi32, Milcote Drive, Willenhall, West Midlands WV13 3QN3
£276K08/230.32 mi19, Rutland Crescent, Bilston, West Midlands WV14 6LR3
£272K04/210.32 mi17, Rutland Crescent, Bilston, West Midlands WV14 6LR3
£195K07/210.34 mi47, Treynham Close, Wolverhampton, West Midlands WV1 2UG3
£153K04/210.35 mi47, Hadley Road, Bilston, West Midlands WV14 6RX3
£100K01/210.35 mi68, Hadley Road, Bilston, West Midlands WV14 6RX3
£157K10/230.36 mi2, Bursledon Walk, Wolverhampton, West Midlands WV1 2UE3
£147K11/200.36 mi34, Wentbridge Road, Wolverhampton, West Midlands WV1 2UF3
£226.3K07/230.37 mi9, Owen Road, Bilston, West Midlands WV14 6QH3
£235K02/230.37 mi214, Moseley Road, Bilston, West Midlands WV14 6JG3
£227K11/220.38 mi22, Shoreham Close, Willenhall, West Midlands WV13 3QG3
£260K01/230.38 mi15, Shoreham Close, Willenhall, West Midlands WV13 3QG3
£120K08/210.38 mi29, Green Lanes, Bilston, West Midlands WV14 6BY3
£240K11/220.4 mi6, Uplands Road, Willenhall, West Midlands WV13 3QE3
£165K02/210.4 mi31, Westfield Road, Bilston, West Midlands WV14 6EW3
£143K05/210.41 mi61, Arnhem Road, Willenhall, West Midlands WV13 3TX3
£135K06/210.41 mi25, Arnhem Road, Willenhall, West Midlands WV13 3TX3
£141K11/200.41 mi45, Arnhem Road, Willenhall, West Midlands WV13 3TX3
£170K05/230.41 mi33, Arnhem Road, Willenhall, West Midlands WV13 3TX3
£243K11/230.42 mi199, Moseley Road, Bilston, West Midlands WV14 6HX3
£153.5K01/210.42 mi14, Hadley Road, Bilston, West Midlands WV14 6RS3
£300K10/200.42 mi6, Central Avenue, Bilston, West Midlands WV14 6LJ3
£360K02/230.42 mi17, Claremont Street, Bilston, West Midlands WV14 6BA3
£136K06/210.43 mi31, Bulger Road, Bilston, West Midlands WV14 6RR3

Local Rents

14 rents from £715/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15011/240.15 mi-3
£1,20002/240.2 mi-3
£1,20011/240.29 mi-3
£1,00011/240.33 miOwen Place, BILSTON3
£71511/240.43 miLansdowne Road, Bilston, West Midlands, WV143
£1,25011/240.44 miStubbington Close, Willenhall3
£1,20011/240.45 miHolland Road, Bilston3
£1,10011/240.46 miStowheath Lane, Moseley Village, WOLVERHAMPTON3
£1,25002/240.49 mi-3
£1,00011/240.51 miWinster Road, Wolverhampton, West Midlands, WV13
£2,59903/250.51 mi-3
£99512/240.61 mi-3
£99503/250.61 mi-3
£1,10004/250.61 mi-3

Local Area Statistics

Population in WV14

46,931

Town centre distance

1.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £150,000

February 28, 2025

Description

  • Fantastic Investment Opportunity - Ideal for Buy-to-Let or Resale +
  • Three Bedrooms - Spacious Layout +
  • End-of-Terrace - Added Privacy & Extra Outdoor Space +
  • In Need of Refurbishment - Huge Potential to Add Value +
  • Strong Rental Demand Area - High Yields for Landlords +
  • Excellent Transport Links - Easy Access to Wolverhampton & Birmingham +
  • Close to Local Amenities - Shops, Schools & Public Transport Nearby +

Attention Investors & Developers! This three-bedroom end-of-terrace property in Bilston, West Midlands, is a fantastic refurbishment project with huge potential. Offering a spacious layout, great location, and excellent investment prospects, this property is ideal for those looking to renovate and add value.

Endless Potential!

With the right vision and renovation, this property could be transformed into a fantastic family home or a profitable rental investment. The spacious living areas, good-sized bedrooms, and generous outdoor space make it a desirable option for tenants or future homeowners.

Prime Location for Investment

Located in a popular residential area of Bilston, this property benefits from:

Great transport links, including tram and bus routes to Wolverhampton & Birmingham

Proximity to local schools, supermarkets, and retail parks

Easy access to major roads like the A41, Black Country Route & M6

Priced to Sell - Don't Miss Out!

This high-potential investment property won't be on the market for long. Cash buyers and investors - act fast!

Call now to arrange a viewing and secure this fantastic opportunity!

Agent Details

Readysteadysold, Leeds

0115 647 3943

Next Steps?

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