2 Bed Flat, Cash/Bridging Only, Wolverhampton, WV3 7JD, £100,000

Maple Wood, Maple Road, WV3 7JD - 3 views - a month ago

Sold STC
Leasehold
Cash
ROI: 6%
~68 m²
+5 photos

ValuationFair Value

Sold Prices£85K - £210K
Sold Prices/m²£1.2K/m² - £2.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£102,000

 

 

End Value (After Refurb)

£167,427

Uplift in Value

+67%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Refurb Costs

£26,951

Bridging Loan Interest

£2,625

Total Cash In

£62,526

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£167,427

Agent Fees (1%)

£1,674

Bridging Loan

£75,000

Bridging Loan Interest

£2,625

Flip Profit

£28,226

Local Sold Prices

41 sold prices from £85K to £210K, average is £122K. £1.2K/m² to £2.6K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£96.5K10/200.34 mi18, Gail Park, Wolverhampton, West Midlands WV3 7JJ2
£85K04/230.34 mi27, Gail Park, Wolverhampton, West Midlands WV3 7JJ2
£165K12/230.41 mi9, Finchfield Road, Wolverhampton, West Midlands WV3 9LS2
£96K08/210.48 miFlat 131, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£105K02/210.48 miFlat 138, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£116.5K09/220.48 miFlat 141, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£123K04/210.5 mi1, Bantock Gardens, Wolverhampton, West Midlands WV3 9LP2
£107.5K11/220.5 miFlat 128, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£125K07/230.6 mi18, Chequerfield Drive, Penn Fields, Wolverhampton, West Midlands WV3 7DH2
£139.9K07/230.61 mi9, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£95K06/210.61 mi23, Stubbs Road, Penn Fields, Wolverhampton, West Midlands WV3 7DF2
£120K08/220.61 mi22a, Stubbs Road, Penn Fields, Wolverhampton, West Midlands WV3 7DF2
£150K08/220.64 mi4, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£127K08/220.65 mi22, Stubbs Road, Penn Fields, Wolverhampton, West Midlands WV3 7DF2
£179.9K12/200.68 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.68 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£178K08/230.68 mi7, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£179.9K12/200.68 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.68 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£160K02/230.68 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£128.5K06/210.81 mi159a, Penn Road, Wolverhampton, West Midlands WV3 0ED2
£96K05/210.85 mi65, Langley Road, Wolverhampton, West Midlands WV4 4YU2
£106K10/230.86 mi48, Warstones Gardens, Wolverhampton, West Midlands WV4 4PD2
£98K04/230.86 mi26, Warstones Gardens, Wolverhampton, West Midlands WV4 4PD2
£93K03/230.88 mi32, White Oak Drive, Wolverhampton, West Midlands WV3 9AW2
£122K11/220.89 miFlat 1, Lawton Court, Oaks Crescent, Chapel Ash, Wolverhampton, West Midlands WV3 9SH2
£210K08/220.93 miFlat 15, Magnolia Court, Muchall Road, Wolverhampton, West Midlands WV4 5TR2
£183K03/230.93 miFlat 12, Magnolia Court, Muchall Road, Wolverhampton, West Midlands WV4 5TR2
£118K11/210.93 mi60a, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£134K03/230.93 mi56, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£140K05/230.93 mi68, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£143K11/220.94 mi17, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£85K01/210.95 mi118, Limehurst Avenue, Wolverhampton, West Midlands WV3 9BE2
£100K07/210.96 mi114, Limehurst Avenue, Finchfield, Wolverhampton, West Midlands WV3 9BE2
£85K10/230.96 mi48, Limehurst Avenue, Wolverhampton, West Midlands WV3 9BE2
£85K01/210.96 mi118, Limehurst Avenue, Wolverhampton, West Midlands WV3 9BE2
£130K08/220.96 mi6, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£130K10/230.97 mi18, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£115K11/200.97 mi1, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£112.5K06/210.97 miApartment 18, Tettenhall Gate, Haden Hill, Wolverhampton, West Midlands WV3 9PN2
£90K02/210.98 mi4c, Studley Road, Finchfield, Wolverhampton, West Midlands WV3 9BB2

Local Rents

50 rents from £614/mo to £4K/mo, average is £850/mo.

RentDateDistanceAddressBeds 
£89902/250.14 mi-2
£90011/240.46 mi-2
£79511/240.49 miMerridale Road, Wolverhampton, WV32
£79511/240.5 miFinchfield Road West, Finchfield, Wolverhampton2
£1,00004/250.5 mi-2
£92511/240.6 miCopthorne Road, Wolverhampton2
£82511/240.61 miYork Avenue, Finchfield2
£84003/250.65 mi-2
£87511/240.71 miLea Road, Wolverhampton2
£61411/240.72 mi-2
£87503/250.73 mi-2
£85003/250.73 mi-2
£75002/250.74 mi-2
£85004/250.74 mi-2
£85004/250.74 mi-2
£85004/250.79 mi-2
£72504/250.79 mi-2
£79903/250.79 mi-2
£85002/250.81 mi-2
£79511/240.83 miCompton Road, Wolverhampton, West Midlands, WV32
£89510/240.83 mi-2
£85011/240.86 miPennant Court, Wolverhampton, WV32
£95003/250.88 mi-2
£95011/240.89 mi-2
£85004/250.89 mi-2
£97511/240.9 miMerridale Road, Wolverhampton, West Midlands, WV32
£90011/240.93 mi4 Magnolia Court, Muchall Road, Penn2
£80011/240.93 miHaden Hill, Wolverhampton2
£99511/240.93 miHaden Hill, Wolverhampton2
£87511/240.93 miHaden Hill, WOLVERHAMPTON2
£82511/240.93 miTettenhall Gate, Haden Hill, Wolverhampton2
£1,20011/240.94 mi-2
£1,10012/240.94 mi-2
£1,10001/250.94 mi-2
£85011/240.97 miTettenhall Gate, Tettenhall Road, Wolverhampton2
£79511/240.97 miGraiseley Street, Penn Fields2
£4,00011/240.98 mi-2
£4,00011/240.98 mi-2
£92511/240.98 miHaden Hill, Wolverhampton2
£4,00011/240.99 mi-2
£1,15011/241.02 mi-2
£79511/241.04 miTettenhall Road, Wolverhampton, West Midlands2
£75002/251.04 mi-2
£97511/241.09 miChapel Ash, Wolverhampton, West Midlands, WV32
£1,00011/241.11 miWynchcombe Avenue, Penn2
£85012/241.13 miSlade Hill, Wolverhampton2
£80012/241.13 miSlade Hill, Wolverhampton2
£80012/241.13 miSlade Hll, Wolverhampton2
£85011/241.14 miRosemary Avenue, WOLVERHAMPTON2
£1,25011/241.16 mi-2

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

0.84 miles away

Nearest school

0.50 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £100,000

March 4, 2025

Floor Plans

Description

  • Ground Floor Apartment +
  • Two Double Bedrooms +
  • Lounge/Diner +
  • Kitchen +
  • Bathroom +
  • Rear Garden +
  • Garage +
  • Storage +
  • Investment Opportunity +
  • Cash Buyers Due to Low Lease +

FRONT ELEVATION The front elevation of this two-bedroom ground floor apartment features a welcoming, contemporary design. A well-maintained turfed front lawn enhances the curb appeal, providing a lush green space that complements the apartment's exterior. The entrance is framed with clean lines and large windows, allowing ample natural light into the living spaces. To the side, a garage offers convenient off-street parking, seamlessly integrated with the overall design. 

PORCH 5' 2" x 3' 0" (1.57m x 0.91m) The porch is a functional and inviting space, featuring a UPVC double glazed door that offers both security and natural light. A frosted UPVC double glazed window provides additional privacy while allowing light to filter through. The tiled flooring adds a durable and easy-to-maintain surface. A light fitting overhead ensures the space is well-lit, while a small storage cupboard with shelves offers convenient organization. A wooden, glass-panelled door leads into the lounge/diner, creating a seamless transition from the porch into the living area. 

LOUNGE/DINER 15' 11" x 10' 9" (4.85m x 3.28m) The lounge/diner is a bright and comfortable space, featuring newly fitted laminate flooring that adds a sleek, modern touch. A stylish electric fire sits within a contemporary mantle, providing both warmth and a focal point for the room. A radiator ensures the space remains cozy, while two light fittings overhead offers ample illumination. The large UPVC double glazed window floods the room with natural light, enhancing the open and airy feel. Access to the kitchen is available through a white wooden glass-panelled door, while an additional white wooden glass-panelled door leads to the hallway, creating easy flow and connectivity between the spaces. 

KITCHEN 10' 11" x 6' 9" (3.33m x 2.06m) The kitchen is both functional and stylish, featuring vinyl tiled flooring for easy maintenance. Grey fitted wall and base units provide functional storage space, complemented by a matching worktop. The stainless steel sink with a draining board and chrome tap is positioned beneath a UPVC double glazed window, offering views to the outside. A tiled splashback adds a practical yet attractive detail, while a black cooker hood enhances the modern aesthetic. The kitchen also includes space for appliances and houses the boiler for convenience. A light fitting ensures the room is well-lit, and a UPVC double glazed frosted glass back door provides access to the rear garden, allowing for natural light and easy outdoor access. 

HALLWAY 4' 0" x 4' 0" (1.24m x 1.24m) The hallway features sleek laminate flooring, creating a modern and durable pathway that connects the key areas of the home. It provides access to both double bedrooms and the bathroom, ensuring easy flow between spaces. A storage cupboard offers practical organization for household items, while a light fitting overhead ensures the area is well-lit. 

BEDROOM ONE 12' 2" x 9' 5" (3.71m x 2.87m) The double master bedroom offers a cosy retreat, featuring soft fitted carpet for comfort. It provides ample storage space, with a wardrobe that extends over the bed and additional drawer units for convenient organization. A radiator ensures the room stays warm, while a light fitting adds a welcoming touch. The UPVC double glazed window overlooks the rear elevation, allowing natural light to flood the room and offering pleasant views of the outdoors. 

BEDROOM TWO 12' 9" x 7' 4" (3.89m x 2.24m) The second double bedroom is a spacious and versatile room, featuring soft fitted carpet for added comfort. It includes a large storage cupboard, providing plenty of space for organizing belongings. A radiator ensures the room remains at a comfortable temperature, while a light fitting adds a bright, welcoming touch. The large UPVC double glazed window overlooks the front elevation, allowing natural light to fill the room and offering views of the exterior. 

BATHROOM 7' 10" x 4' 8" (2.39m x 1.42m) The modern bathroom is both stylish and functional, featuring a bath with an overhead shower and a retractable shower screen for convenience. The toilet is equipped with an inset flush for a sleek, minimalist look. A sink with chrome taps and built-in storage provides space for toiletries. The room is beautifully finished with tiled walls and flooring, adding a contemporary touch. A heated towel rail ensures comfort, while a light fitting provides illumination. A UPVC double glazed frosted window offers privacy and allows natural light to brighten the space. 

REAR GARDEN The rear garden features a spacious slabbed patio, perfect for outdoor relaxation and entertaining. A pathway runs up the garden, guiding you through the gravelled area, which is adorned with some planted shrubs adding greenery and charm. At the end of the garden, there is access to a side gate that leads to the garage, providing convenient external access. The garden offers a peaceful and low-maintenance outdoor space for enjoying the surroundings. 

GARAGE The garage for this property is conveniently located as the first garage on the right upon entering the parking area. It offers additional space for storage or the option to park a vehicle, providing both practicality and ease of access. The garage enhances the property's overall functionality, making it an ideal space for keeping belongings secure or for parking.

Agent Details

Martin & Co, Stafford

01785 334856

Next Steps?

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

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