3 Bed Terraced House, Single Let, Wolverhampton, WV4 6HH, £120,000

69 Martin Street, Wolverhampton WV4 6HH - 1 views - a month ago

Auction
BTL
ROI: 14%
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£90K - £315.5K
Sold Prices/m²£855/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£144,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£37,200

 

 

Cash Out

 

Rent Range

£975 - £1,300

Rent Estimate

£1,021

Running Costs/mo

£599

Cashflow/mo

£422

Cashflow/yr

£5,062

ROI

14%

Gross Yield

10%

Local Sold Prices

50 sold prices from £90K to £315.5K, average is £165K. £855/m² to £4.2K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£91.5K12/230 mi20, Martin Street, Wolverhampton, West Midlands WV4 6HH3
£132K05/210.05 mi28, Jeffrey Avenue, Wolverhampton, West Midlands WV4 6HU3
£120K11/210.09 mi2, Windsor Road, Wolverhampton, West Midlands WV4 6HX3
£155K06/210.12 mi43, Greenock Crescent, Wolverhampton, West Midlands WV4 6BH3
£179.9K10/210.12 mi33, Greenock Crescent, Wolverhampton, West Midlands WV4 6BH3
£90K11/220.12 mi590, Parkfield Road, Wolverhampton, West Midlands WV4 6EL3
£240K04/230.15 mi24, Millport Road, Wolverhampton, West Midlands WV4 6BQ3
£150K03/210.17 mi143, Rooker Avenue, Wolverhampton, West Midlands WV2 2DS3
£225K07/230.19 mi30, Dunoon Drive, Wolverhampton, West Midlands WV4 6BS3
£198K06/230.19 mi37, Dunoon Drive, Wolverhampton, West Midlands WV4 6BS3
£120K09/210.19 mi88, Myatt Avenue, Wolverhampton, West Midlands WV2 2DL3
£187.5K12/230.2 mi22, Rothesay Gardens, Wolverhampton, West Midlands WV4 6DS3
£245K03/230.2 mi34, Rothesay Gardens, Wolverhampton, West Midlands WV4 6DS3
£160K09/210.21 mi54, Myrtle Street, Wolverhampton, West Midlands WV2 2EP3
£195K03/230.21 mi21, Myrtle Street, Wolverhampton, West Midlands WV2 2EP3
£182.5K01/240.23 mi14, Wessex Road, Wolverhampton, West Midlands WV2 2ER3
£160K09/230.23 mi24, Parkfield Crescent, Wolverhampton, West Midlands WV2 2DE3
£230K02/230.23 mi30, Parkfield Crescent, Wolverhampton, West Midlands WV2 2DE3
£120K10/200.25 mi1, Legge Street, Wolverhampton, West Midlands WV2 2DH3
£275K04/230.27 mi24, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6RS3
£200K03/230.29 mi22, Rooker Crescent, Wolverhampton, West Midlands WV2 2DU3
£160K06/230.31 mi25, Rough Hills Road, Wolverhampton, West Midlands WV2 2HJ3
£120K02/210.33 mi3, Durberville Road, Wolverhampton, West Midlands WV2 2ES3
£125K11/200.33 mi8, Myatt Avenue, Wolverhampton, West Midlands WV2 2ED3
£210K12/220.33 mi65, Durberville Road, Wolverhampton, West Midlands WV2 2ES3
£123K11/200.34 mi26, Thompson Avenue, Wolverhampton, West Midlands WV2 3NU3
£187K06/210.35 mi6, Veronica Avenue, Wolverhampton, West Midlands WV4 6AJ3
£136.6K03/230.35 mi86, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6DR3
£151K03/210.35 mi16, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6DR3
£175K02/210.37 mi27, Cheviot Road, Wolverhampton, West Midlands WV2 2HB3
£165K01/210.38 mi17, Malins Road, Wolverhampton, West Midlands WV4 6AW3
£195K05/230.39 mi4, Trentham Rise, Wolverhampton, West Midlands WV2 2HE3
£106K12/200.4 mi19, Greenly Road, Wolverhampton, West Midlands WV4 6AB3
£163K11/200.41 mi48, Durberville Road, Wolverhampton, West Midlands WV2 2EZ3
£178K07/230.42 mi76, Dixon Street, Wolverhampton, West Midlands WV2 2BJ3
£182.5K10/200.43 mi152, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6NY3
£270K02/240.43 mi198, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6NY3
£135K01/210.45 mi56, Kenilworth Crescent, Parkfields, Wolverhampton, West Midlands WV4 6SD3
£170K04/210.45 mi14, Coningsby Drive, Wolverhampton, West Midlands WV2 2RN3
£145K11/210.51 mi148, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6BY3
£145K11/210.51 mi148, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6BY3
£189K12/220.52 mi34, Norbury Crescent, Wolverhampton, West Midlands WV4 6DH3
£315.5K09/220.53 mi28, Dudding Road, Wolverhampton, West Midlands WV4 5DS3
£110K02/210.54 mi12, Thorne Street, Ettingshall, Wolverhampton, West Midlands WV2 2ND3
£132K11/200.55 mi53, Wordsworth Avenue, Parkfields, Wolverhampton, West Midlands WV4 6SY3
£225K09/230.56 mi9, Beverley Crescent, Wolverhampton, West Midlands WV4 6SZ3
£220K04/230.56 mi84, Newman Avenue, Wolverhampton, West Midlands WV4 6BZ3
£130K04/210.56 mi82, Newman Avenue, Wolverhampton, West Midlands WV4 6BZ3
£190K05/210.57 mi15b, Genge Avenue, Wolverhampton, West Midlands WV4 6SL3
£165K08/220.57 mi84, George Street, Ettingshall, Wolverhampton, West Midlands WV2 2LZ3

Local Rents

12 rents from £975/mo to £1.3K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,15003/250.06 mi-3
£97501/240.07 mi-3
£1,25012/240.09 mi-3
£99511/240.42 miBirmingham New Road, Wolverhampton3
£1,10011/240.49 miWillcock Road, Wolverhampton, West Midlands, WV23
£1,19503/250.49 mi-3
£1,20011/240.49 miSpring Road, Wolverhampton, West Midlands, WV43
£1,15011/240.51 miWillcock Road, Wolverhampton3
£1,15011/240.52 miWillcock Road, WOLVERHAMPTON3
£1,30011/240.53 mi-3
£1,20011/240.53 miThompson Avenue, Wolverhampton, West Midlands, WV23
£1,10011/240.56 mi-3

Local Area Statistics

Population in WV4

34,295

Population in Wolverhampton

260,353

Town centre distance

2.64 miles away

Nearest school

0.10 miles away

Nearest train station

0.65 miles away

 

 

Rental growth (12m)

+30%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Listed for £120,000

March 12, 2025

Floor Plans

Description

  • Sale by Modern Auction (T&Cs apply) +
  • Subject to an undisclosed Reserve Price +
  • Buyers fees apply +
  • FULL OF POTENTIAL +
  • END OF TERRACED +
  • THREE BEDROOMS +
  • EXCELLENT TRANSPORT LINKS +
  • CLOSE LOCAL AMENITIES +

SUMMARY
AMAZING INVESTMENT OPPORTUNITY... Dont miss your chance to view this Three Bedroom End of Terraced Home being sold via Modern Method of Auction. Viewings highly reccomended to realise the potential within. Call now on for more information and booky your viewing on our next open house.

DESCRIPTION
Do you need help selling your property?
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Here at Paul Dubberley Bilston we offer free advice on the house buying and selling process.
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Auctioneer's Comments 
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Reception Room 
Front Double Glazed Window, Central Heated Radiator, Front UPVC Door to access the property.

Living Room 
Access from Reception Room, Door to Stairs to First Floor Landing, Access to Hallway and Rear Double Glazed Window.

Kitchen 
Side Double Glazed Window, Access from Living Room, Wall and Base Units, Stainless Steel Sink and Drainer, Access to Bathroom

Bathroom 
Rear Double Glazed Window, Panelled Bath, WC, Wash Hand Basin.

Bedroom One 
Front Double Glazed Window,

Bedroom Two 
Rear Double Glazed Window

Bedroom Three 
Front Double Glazed Window.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Paul Dubberley & Co, Bilston

01900 510984

Next Steps?

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