3 Bed Semi-Detached House, Single Let, Wolverhampton, WV6 9HR, £95,000

46 Blakeley Avenue, Wolverhampton, West Midlands, WV6 9HR - 5 views - a month ago

Sold STC
Auction
BTL
ROI: 17%
~93 m²

ValuationUndervalued

Sold Prices£77K - £320K
Sold Prices/m²£753/m² - £3.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1K/m²

Value Estimate

£118,750
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£23,750

Stamp Duty & Legal Fees

£5,950

Total Cash In

£29,700

 

 

Cash Out

 

Rent Range

£895 - £1,500

Rent Estimate

£931

Running Costs/mo

£503

Cashflow/mo

£428

Cashflow/yr

£5,135

ROI

17%

Gross Yield

12%

Local Sold Prices

52 sold prices from £77K to £320K, average is £191.5K. £753/m² to £3.3K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£170K01/210.1 mi27, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HX3
£159K12/200.11 mi302, Aldersley Road, Wolverhampton, West Midlands WV6 9NS3
£195K11/200.15 mi59, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HX3
£145K11/200.16 mi9, Alderford Close, Wolverhampton, West Midlands WV8 1YJ3
£275K06/230.17 mi15, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£285K05/230.17 mi34, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£242K12/230.17 mi32, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£203.1K09/210.18 mi83, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HL3
£186.5K03/210.18 mi64, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JX3
£199.9K03/210.18 mi62, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JX3
£180K12/200.22 mi31, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£185K05/210.22 mi29, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£193K06/210.22 mi15, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£320K03/230.23 mi4, Kestrel Rise, Wolverhampton, West Midlands WV6 9LU3
£234K03/240.25 mi16, Chester Avenue, Wolverhampton, West Midlands WV6 9JU3
£245K12/200.25 mi63, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£280K11/220.25 mi49, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£240K07/230.25 mi25, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£230K10/230.25 mi21, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£185K10/230.25 mi54, Eastney Crescent, Wolverhampton, West Midlands WV8 1YQ3
£145K10/220.27 mi15, Ganton Walk, Wolverhampton, West Midlands WV8 1YL3
£165K05/210.3 mi24, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JS3
£185K01/210.31 mi8, Harwin Close, Wolverhampton, West Midlands WV6 9LF3
£235K09/230.31 mi8, Harwin Close, Wolverhampton, West Midlands WV6 9LF3
£190K07/230.32 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£190K07/230.32 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£133K12/200.33 mi179, Aldersley Road, Wolverhampton, West Midlands WV6 9NJ3
£180K02/240.33 mi14, Cosgrove Walk, Wolverhampton, West Midlands WV8 1YD3
£230K11/230.34 mi83, Crossland Crescent, Wolverhampton, West Midlands WV6 9LA3
£164K08/210.34 mi196, Oxley Moor Road, Wolverhampton, West Midlands WV10 6TZ3
£189.9K11/200.35 mi2, Kendal Rise, Wolverhampton, West Midlands WV6 9LB3
£133K12/200.35 mi81, Lynton Avenue, Wolverhampton, West Midlands WV6 9NQ3
£209K05/210.35 mi77, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.35 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.35 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£250K01/230.37 mi70, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£220K06/210.37 mi66, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£150K08/230.37 mi122, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£175K02/210.38 mi268, Aldersley Road, Wolverhampton, West Midlands WV6 9NN3
£170K12/200.38 mi127, Burland Avenue, Wolverhampton, West Midlands WV6 9JF3
£195K07/230.38 mi137, Burland Avenue, Wolverhampton, West Midlands WV6 9JF3
£77K08/230.39 mi13, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EG3
£160K04/230.39 mi34, Forge Close, Pendeford, Wolverhampton, West Midlands WV8 1UY3
£210K09/230.4 mi26, Burland Avenue, Wolverhampton, West Midlands WV6 9JL3
£160.5K08/220.4 mi48, Wheatsheaf Road, Wolverhampton, West Midlands WV8 1UX3
£182K11/200.41 mi95, Burland Avenue, Wolverhampton, West Midlands WV6 9JG3
£262.5K12/220.41 mi91, Burland Avenue, Wolverhampton, West Midlands WV6 9JG3
£230K05/210.41 mi5, Derwent Road, Wolverhampton, West Midlands WV6 9ER3
£239.9K04/230.41 mi7, Derwent Road, Wolverhampton, West Midlands WV6 9ER3
£250K01/210.41 mi24, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£227.5K08/210.41 mi46, Derwent Road, Wolverhampton, West Midlands WV6 9ES3
£267K08/230.41 mi58, Derwent Road, Wolverhampton, West Midlands WV6 9ES3

Local Rents

18 rents from £895/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.03 miBlakeley avenue, Wolverhampton3
£1,10003/250.08 mi-3
£89512/240.14 miBlackburn Avenue, Claregate, Wolverhampton, WV63
£90012/230.15 mi-3
£1,25011/240.26 mi-3
£1,20004/250.32 mi-3
£95012/240.33 mi48 Derby Avenue, Claregate, Wolverhampton, WV6 9JR3
£97512/240.35 mi-3
£1,20003/250.39 mi-3
£1,19504/250.39 mi-3
£1,00009/230.41 mi-3
£1,40012/230.44 mi-3
£1,50001/240.44 mi-3
£1,05003/240.49 mi-3
£1,00011/240.5 miRenton Road, WOLVERHAMPTON3
£96008/240.55 mi-3
£1,29512/240.56 miThirlmere Close, Palmers Cross3
£1,29504/250.57 mi-3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.74 miles away

Nearest school

0.30 miles away

Nearest train station

1.65 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £95,000

March 4, 2025

Description

  • Freehold Vacant possession upon completion. +

For Sale By Public Auction on 27 March 2025 starting at 08:30 AM - A vacant freehold semi detached property

A semi detached property which stands back from the road behind driveway and foregarden.

Accommodation
Ground Floor: Storm Porch, Hall with understairs store, Two Reception Rooms, Kitchen.
First Floor: Landing, Three Bedrooms, Bathroom/WC.
Outside: Gardens, Driveway Parking and Side Garage.

The property benefits from having a gas fired central heating system and partial double glazing however, it is in need of improvement throughout.

Tenure
Freehold Vacant possession upon completion.

Pre-auction Offers
Please note no offers will be considered prior to the Auction Sale.

Viewing Times
See viewing schedule. Please note the appointments listed below are pre-booked so there is no need to book in prior to attending.

12/03/2025 14:00 - 14:15
17/03/2025 10:00 - 10:15
19/03/2025 14:00 - 14:15
24/03/2025 10:00 - 10:15

Live-Streamed Auction
Please note that the Auction will be livestreamed via our website. You can take part remotely via Proxy, Telephone or Online, if you wish to bid you must pre-register via our website no later than 3pm the day prior to the auction.

Disclaimer
Bond Wolfe or their Agents for the seller of these Lots give notification that any particulars contained within the catalogue/website are prepared to the best of their knowledge and include information that has been provided to them. Plans, photographs and room measurements (provided via a 3rd party) are provided as guidance only and should not be relied upon. All potential buyers should make their own enquiries and investigations to the accuracy of the information contained in these particulars or to obtain further information that is not provided which they deem to be important prior to bidding. Any amendments to the particulars that Bond Wolfe are aware of will be published on the addendum, which is available within the lot information.

Viewings
All viewings are undertaken at your own risk. It is recommended that you take a torch, as not all properties have electricity, and that appropriate clothing is worn. Bond Wolfe under no circumstances shall be liable and will not accept any responsibility for any indirect incidental, consequential, special, or exemplary damages, injury and/or death arising in connection with your access to any property, caused as a result of the property’s state of repair or your use/decision to use your own equipment or any furniture, equipment or appliances in the property.

*Definition of Guide Price and Reserve
All properties are sold subject to a reserve price, which is the minimum price the seller is willing to accept and is confidential between the seller and Auctioneer. The guide price is only an indication as to where the reserve is currently set and not necessarily the Auctioneers expectation of what it will sell for. . If the guide price is a bracket figure, then the reserve price cannot be higher than the top end of the guide price, if the guide price is a fixed figure, then the reserve cannot be more than 10% above the guide price. The guide price and reserve price can be subject to change at any time up to and including the auction day and, properties can often sell for substantially more than the quoted guide price.

Costs at Auction
When buying at auction you will unconditionally exchange contracts on the fall of the auctioneer’s gavel, please therefore ensure you have read the legal pack for each property prior to bidding. They are all individual and include the terms and conditions of your purchase as well as any costs in addition to the purchase price.

The sale of each lot is subject to an administration fee of £2,340 inc VAT (£1,950.00 + VAT) (unless otherwise stated in the important information available on Bond Wolfe’s website), payable on the fall of the gavel/at the end of the online auction. Please note that the administration fee for the Local Authority lots may differ and all interested parties should enquire directly with the Auctioneers as to the fee applicable.

Any additional costs excluding the administration fee will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack has been prepared by the seller’s solicitor(s), who are responsible for its contents and disclosing all know information. It is available to download free of charge under the ‘lot information’ on the Bond Wolfe website, and you take responsibility for reading and understanding the legal pack and are bound by all the contents. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Agent Details

Bond Wolfe, Auctions

0121 387 6767

Next Steps?

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