3 Bed Semi-Detached House, Single Let, Wolverhampton, WV6 9HX, £69,000

Green Lane, Aldersley, WV6 9HX - 5 views - a month ago

Auction
BTL
ROI: 28%
~93 m²
+11 photos

ValuationUndervalued

Sold Prices£77K - £340K
Sold Prices/m²£753/m² - £3.6K/m²

 

 

Square Metres

~93 m²
Price/m²£742/m²

Value Estimate

£84,180
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£17,250

Stamp Duty & Legal Fees

£4,650

Total Cash In

£21,900

 

 

Cash Out

 

Rent Range

£895 - £1,500

Rent Estimate

£931

Running Costs/mo

£422

Cashflow/mo

£509

Cashflow/yr

£6,110

ROI

28%

Gross Yield

16%

Local Sold Prices

52 sold prices from £77K to £340K, average is £195K. £753/m² to £3.6K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£170K01/210.01 mi27, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HX3
£195K11/200.07 mi59, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HX3
£186.5K03/210.09 mi64, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JX3
£199.9K03/210.09 mi62, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JX3
£159K12/200.12 mi302, Aldersley Road, Wolverhampton, West Midlands WV6 9NS3
£203.1K09/210.13 mi83, Green Lane, Aldersley, Wolverhampton, West Midlands WV6 9HL3
£180K12/200.14 mi31, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£185K05/210.14 mi29, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£193K06/210.14 mi15, Crossland Crescent, Wolverhampton, West Midlands WV6 9LG3
£234K03/240.16 mi16, Chester Avenue, Wolverhampton, West Midlands WV6 9JU3
£320K03/230.17 mi4, Kestrel Rise, Wolverhampton, West Midlands WV6 9LU3
£275K06/230.18 mi15, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£285K05/230.18 mi34, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£242K12/230.18 mi32, Lawnswood Avenue, Tettenhall, Wolverhampton, West Midlands WV6 9HP3
£245K12/200.19 mi63, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£280K11/220.19 mi49, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£240K07/230.19 mi25, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£230K10/230.19 mi21, Aldersley Avenue, Wolverhampton, West Midlands WV6 9HZ3
£165K05/210.22 mi24, Blackburn Avenue, Wolverhampton, West Midlands WV6 9JS3
£185K01/210.23 mi8, Harwin Close, Wolverhampton, West Midlands WV6 9LF3
£235K09/230.23 mi8, Harwin Close, Wolverhampton, West Midlands WV6 9LF3
£145K11/200.24 mi9, Alderford Close, Wolverhampton, West Midlands WV8 1YJ3
£230K11/230.25 mi83, Crossland Crescent, Wolverhampton, West Midlands WV6 9LA3
£133K12/200.26 mi179, Aldersley Road, Wolverhampton, West Midlands WV6 9NJ3
£189.9K11/200.26 mi2, Kendal Rise, Wolverhampton, West Midlands WV6 9LB3
£133K12/200.26 mi81, Lynton Avenue, Wolverhampton, West Midlands WV6 9NQ3
£250K01/230.27 mi70, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£220K06/210.28 mi66, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£150K08/230.28 mi122, Lynton Avenue, Wolverhampton, West Midlands WV6 9NG3
£170K12/200.3 mi127, Burland Avenue, Wolverhampton, West Midlands WV6 9JF3
£195K07/230.3 mi137, Burland Avenue, Wolverhampton, West Midlands WV6 9JF3
£210K09/230.31 mi26, Burland Avenue, Wolverhampton, West Midlands WV6 9JL3
£175K02/210.31 mi268, Aldersley Road, Wolverhampton, West Midlands WV6 9NN3
£185K10/230.31 mi54, Eastney Crescent, Wolverhampton, West Midlands WV8 1YQ3
£182K11/200.32 mi95, Burland Avenue, Wolverhampton, West Midlands WV6 9JG3
£262.5K12/220.32 mi91, Burland Avenue, Wolverhampton, West Midlands WV6 9JG3
£209K05/210.33 mi77, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.33 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£170K02/240.33 mi87, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EH3
£77K08/230.33 mi13, Pendeford Avenue, Wolverhampton, West Midlands WV6 9EG3
£145K10/220.33 mi15, Ganton Walk, Wolverhampton, West Midlands WV8 1YL3
£237K02/210.35 mi48, Codsall Road, Wolverhampton, West Midlands WV6 9ED3
£244K02/230.36 mi28, Sandford Rise, Wolverhampton, West Midlands WV6 9JQ3
£265K10/200.37 mi29a, Codsall Road, Wolverhampton, West Midlands WV6 9QB3
£175K03/210.37 mi22, Sandford Rise, Wolverhampton, West Midlands WV6 9JQ3
£218K08/230.37 mi13, Sandford Rise, Wolverhampton, West Midlands WV6 9JQ3
£168K10/200.37 mi131, Aldersley Road, Wolverhampton, West Midlands WV6 9NF3
£190K07/230.38 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£190K07/230.38 mi107, Eastney Crescent, Wolverhampton, West Midlands WV8 1XW3
£229.5K10/200.39 mi40, Belvedere Gardens, Wolverhampton, West Midlands WV6 9QL3
£340K12/220.4 mi39, Belvedere Gardens, Wolverhampton, West Midlands WV6 9QL3
£220K10/210.4 mi17, Alameda Gardens, Wolverhampton, West Midlands WV6 9EX3

Local Rents

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

RentDateDistanceAddressBeds 
£90012/230.08 mi-3
£89512/240.08 miBlackburn Avenue, Claregate, Wolverhampton, WV63
£1,10003/250.09 mi-3
£1,20012/240.11 miBlakeley avenue, Wolverhampton3
£1,25011/240.17 mi-3
£1,20004/250.23 mi-3
£95012/240.24 mi48 Derby Avenue, Claregate, Wolverhampton, WV6 9JR3
£97512/240.25 mi-3
£1,20003/250.45 mi-3
£1,19504/250.45 mi-3
£1,40012/230.46 mi-3
£1,50001/240.46 mi-3
£1,00009/230.47 mi-3
£1,29504/250.48 mi-3
£1,29512/240.54 miThirlmere Close, Palmers Cross3
£1,05003/240.57 mi-3
£1,00011/240.58 miRenton Road, WOLVERHAMPTON3
£96008/240.61 mi-3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.65 miles away

Nearest school

0.20 miles away

Nearest train station

1.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £69,000

March 7, 2025

Floor Plans

Description

  • View more: underthehammer.com +

For Sale by under the hammer online auction. Wednesday 9th - Wednesday 9th April 2025 - Head over to our website to download the legal pack, register to bid and see more information. A freehold three bedroom property in a residential area of Wolverhampton. The property has an entrance hallway, lounge, dining room, kitchen, three bedrooms and an upstairs family bathroom. Externally the property benefits from front and rear gardens. The property also has a driveway. The house is currently in need of refurbishment and is surrounded by well presented properties on a residential road, having huge upward potential for someone looking to add value.  Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving. VIEWING DAYS & TIME Thursday 13th March 2025: 2pm Saturday 29th March 2025: 11am Thursday 3rd April 2025: 2pm Tuesday 8th April 2025: 2pm Here's what to do next

  • Visit - Our website and view the auction terms.
  • View - Book a viewing directly through our website.
  • Register - Get registered prior to the auction opening date.
  • Legal Pack - Download and view the legal pack to find out all the relevant information.
  • Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
  • Bidding - Everything is completed online through the website and the intuitive bidding controls. If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website

Agent Details

Under The Hammer, Birmingham

03455 120115

Next Steps?

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