2 Bed Flat, Single Let, Wolverhampton, WV6 0LS, £100,000

The Lindens, Newbridge Crescent, Wolverhampton, West Midlands, WV6 0LS - 2 views - a month ago

Sold STC
Leasehold
BTL
ROI: 12%
~68 m²
+11 photos

ValuationUndervalued

Sold Prices£71.5K - £230K
Sold Prices/m²£999/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.5K/m²

Value Estimate

£120,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£750 - £1,750

Rent Estimate

£795

Running Costs/mo

£492

Cashflow/mo

£304

Cashflow/yr

£3,642

ROI

12%

Gross Yield

10%

Local Sold Prices

47 sold prices from £71.5K to £230K, average is £128K. £999/m² to £2.8K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£135K11/220.1 mi2, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£128K01/230.1 mi5, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£135K11/220.11 mi14, The Courtlands, Wolverhampton, West Midlands WV6 0LT2
£98K01/210.46 mi8, Lower Street, Wolverhampton, West Midlands WV6 9AF2
£128.1K06/230.46 mi8, Lower Street, Wolverhampton, West Midlands WV6 9AF2
£71.5K04/220.48 mi70d, Tettenhall Road, Wolverhampton, West Midlands WV1 4TB2
£85K12/220.51 mi40, St Michaels Court, Wolverhampton, West Midlands WV6 9AD2
£100K06/230.51 mi17, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£120K05/210.51 mi3, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£155K07/230.51 mi8, Park Dale Court, Wolverhampton, West Midlands WV1 4SR2
£163.4K08/230.56 mi18, Upper Street, Wolverhampton, West Midlands WV6 8QG2
£85K07/210.57 mi1a, Newhampton Road West, Whitmore Reans, Wolverhampton, West Midlands WV6 0RY2
£100K12/220.58 miFlat 13, College Court, High Street, Tettenhall, Wolverhampton, West Midlands WV6 8QP2
£112.5K06/210.59 miApartment 18, Tettenhall Gate, Haden Hill, Wolverhampton, West Midlands WV3 9PN2
£110K11/230.68 mi15, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£105K12/220.68 mi18, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£90K02/230.68 miFlat 24, West Park Court, Connaught Road, Wolverhampton, West Midlands WV1 4SQ2
£110K07/210.69 mi15, Hanover Court, Wolverhampton, West Midlands WV6 8QL2
£230K06/210.73 mi4, Edward Lisle Gardens, Wolverhampton, West Midlands WV6 8UB2
£123K04/210.73 mi1, Bantock Gardens, Wolverhampton, West Midlands WV3 9LP2
£118K11/210.74 mi60a, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£134K03/230.75 mi56, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£140K05/230.75 mi68, Compton Road, Wolverhampton, West Midlands WV3 9PH2
£140K11/220.84 mi48, High Meadows, Wolverhampton, West Midlands WV6 8PP2
£143K11/220.84 mi17, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£157.5K11/220.84 mi53, High Meadows, Wolverhampton, West Midlands WV6 8PP2
£165K12/230.84 mi9, Finchfield Road, Wolverhampton, West Midlands WV3 9LS2
£130K10/230.84 mi18, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£115K11/200.84 mi1, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£96K08/210.86 miFlat 131, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£105K02/210.86 miFlat 138, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£116.5K09/220.86 miFlat 141, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£107.5K11/220.86 miFlat 128, Merridale Court, Merridale Road, Wolverhampton, West Midlands WV3 9LF2
£130K08/220.87 mi6, Lea Bank, Wolverhampton, West Midlands WV3 9HN2
£179.9K12/200.88 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£178K08/230.88 mi7, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£179.9K12/200.88 mi8, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£175K04/210.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£160K02/230.88 mi11, Weller Court, Wolverhampton, West Midlands WV3 9EF2
£122K11/220.9 miFlat 1, Lawton Court, Oaks Crescent, Chapel Ash, Wolverhampton, West Midlands WV3 9SH2
£182K05/240.93 mi11, Cygnet Close, Wolverhampton, West Midlands WV6 8XR2
£150K08/220.93 mi4, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£100K10/210.96 mi53, Bridgnorth Road, Wolverhampton, West Midlands WV6 8AF2
£119K03/230.96 mi127, Bridgnorth Road, Wolverhampton, West Midlands WV6 8AF2
£139.9K07/230.96 mi9, Spruce Way, Wolverhampton, West Midlands WV3 9EZ2
£128K10/230.97 mi51a, Kinfare Drive, Wolverhampton, West Midlands WV6 8JW2

Local Rents

21 rents from £750/mo to £1.8K/mo, average is £895/mo.

RentDateDistanceAddressBeds 
£87504/250.02 mi-2
£79512/240.14 miTettenhall Road, Wolverhampton2
£1,50012/240.18 mi11 Beacon House, Tettenhall Road, Newbridge2
£85012/240.27 miSlade Hill, Wolverhampton2
£80012/240.27 miSlade Hill, Wolverhampton2
£80012/240.27 miSlade Hll, Wolverhampton2
£90012/240.27 mi-2
£79511/240.38 miTettenhall Road, Wolverhampton, West Midlands2
£90004/250.42 mi-2
£85004/250.43 mi-2
£1,65012/240.49 miLower Green, Tettenhall, Wolverhampton2
£1,75012/240.49 mi5c The Mitre, Lower Green, Tettenhall2
£1,35012/240.5 mi4, Rock House, Old Hill, Wolverhampton2
£1,30012/240.5 miRock House, Old Hill, Wolverhampton, West Midlands, WV62
£90004/250.51 mi-2
£1,35012/240.51 miRock House, Old Hill, Wolverhampton, West Midlands, WV62
£89510/240.51 mi-2
£79511/240.51 miCompton Road, Wolverhampton, West Midlands, WV32
£75012/240.55 mi-2
£77512/240.56 miUpper Street, Wolverhampton2
£92511/240.59 miHaden Hill, Wolverhampton2

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

0.47 miles away

Nearest school

0.10 miles away

Nearest train station

1.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £100,000

March 10, 2025

Floor Plans

Description

  • 2-bedroom top-floor apartment +
  • 139-year lease remaining +
  • Spacious lounge/diner for entertaining +
  • Kitchen/breakfast area with storage +
  • Double-glazed windows throughout +
  • Independent electric heating +
  • Includes a private garage +
  • Close to schools and transport +

Welcome to The Lindens, Newbridge Crescent. Set in a highly sought-after location, The Lindens offers a charming top-floor, two-bedroom apartment, perfect for first-time buyers, young professionals, or those seeking a peaceful retreat in a well-connected part of town. With a long 139-year lease and an inviting layout, this property provides an ideal blend of comfort and convenience.

Step inside to discover a spacious hallway that leads into a well-sized kitchen/breakfast area, ideal for morning coffee or casual dining. The generous lounge/diner is the perfect space for relaxing or entertaining guests, with plenty of natural light streaming through the double-glazed windows. Two good-sized bedrooms offer plenty of room for a growing family or a home office setup. A family bathroom completes the accommodation, providing a clean, modern space.

The apartment also benefits from independent electric heating, ensuring warmth and comfort throughout the year. For added convenience, a garage is included with the property, offering secure parking or additional storage space.

The Lindens is situated in a highly desirable area, with excellent local amenities and transport links just a stone’s throw away. The property is within walking distance to highly regarded schools, making it an ideal choice for families. A selection of local shops, restaurants, and cafes are nearby, providing a variety of dining and shopping options. For those commuting, the property offers easy access to public transport links, with bus routes and train stations just moments away, making travel around the city and beyond effortless.

Whether you're looking for a home close to local conveniences or a quiet retreat with fantastic transport options, The Lindens ticks all the boxes. With a long lease, garage, and prime location, this apartment presents a wonderful opportunity for anyone seeking a new home in a vibrant and thriving area. Don’t miss the chance to make this delightful apartment your own—book your viewing today!

Agent Details

Dixons, Wolverhampton

01902 943774

Next Steps?

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