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3 Bed Detached House, Refurb/BRRR, Wolverhampton, WV4 6HF, £50,000





ValuationFair Value
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £12,500£12,500 |
Stamp Duty & Legal Fees | £3,700£3,700 |
Refurb Costs | £40,361£40,361 |
Bridging Loan Interest | £1,313£1,313 |
Total Cash In | £59,624£59,624 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentFlip |
Estimated Sale Price | £147,366£147,366 |
Agent Fees (1%) | £1,474£1,474 |
Bridging Loan | £37,500£37,500 |
Bridging Loan Interest | £1,313£1,313 |
Flip Profit | £48,768£48,768 |
Local Sold Prices
50 sold prices from £90K to £315.5K, average is £176.5K. £855/m² to £4.2K/m², average is £1.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£91.5K | 12/23 | 0.06 mi | 20, Martin Street, Wolverhampton, West Midlands WV4 6HH | - | - | 3 | Terraced House | |
£132K | 05/21 | 0.1 mi | 28, Jeffrey Avenue, Wolverhampton, West Midlands WV4 6HU | £1,553 | 85 | 3 | Semi-Detached House | |
£155K | 06/21 | 0.12 mi | 43, Greenock Crescent, Wolverhampton, West Midlands WV4 6BH | £1,824 | 85 | 3 | Terraced House | |
£179.9K | 10/21 | 0.14 mi | 33, Greenock Crescent, Wolverhampton, West Midlands WV4 6BH | £2,349 | 77 | 3 | Terraced House | |
£120K | 11/21 | 0.15 mi | 2, Windsor Road, Wolverhampton, West Midlands WV4 6HX | £1,818 | 66 | 3 | Semi-Detached House | |
£240K | 04/23 | 0.15 mi | 24, Millport Road, Wolverhampton, West Midlands WV4 6BQ | £2,394 | 100 | 3 | Terraced House | |
£187.5K | 12/23 | 0.16 mi | 22, Rothesay Gardens, Wolverhampton, West Midlands WV4 6DS | £2,799 | 67 | 3 | Terraced House | |
£245K | 03/23 | 0.16 mi | 34, Rothesay Gardens, Wolverhampton, West Midlands WV4 6DS | - | - | 3 | Semi-Detached House | |
£225K | 07/23 | 0.16 mi | 30, Dunoon Drive, Wolverhampton, West Midlands WV4 6BS | £1,860 | 121 | 3 | Terraced House | |
£198K | 06/23 | 0.16 mi | 37, Dunoon Drive, Wolverhampton, West Midlands WV4 6BS | £1,651 | 120 | 3 | Terraced House | |
£90K | 11/22 | 0.18 mi | 590, Parkfield Road, Wolverhampton, West Midlands WV4 6EL | £1,011 | 89 | 3 | Terraced House | |
£120K | 09/21 | 0.19 mi | 88, Myatt Avenue, Wolverhampton, West Midlands WV2 2DL | £1,579 | 76 | 3 | Terraced House | |
£160K | 09/23 | 0.2 mi | 24, Parkfield Crescent, Wolverhampton, West Midlands WV2 2DE | £1,912 | 84 | 3 | Semi-Detached House | |
£230K | 02/23 | 0.2 mi | 30, Parkfield Crescent, Wolverhampton, West Midlands WV2 2DE | £2,473 | 93 | 3 | Semi-Detached House | |
£150K | 03/21 | 0.22 mi | 143, Rooker Avenue, Wolverhampton, West Midlands WV2 2DS | £1,724 | 87 | 3 | Semi-Detached House | |
£275K | 04/23 | 0.22 mi | 24, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6RS | - | - | 3 | Semi-Detached House | |
£160K | 09/21 | 0.26 mi | 54, Myrtle Street, Wolverhampton, West Midlands WV2 2EP | - | - | 3 | Semi-Detached House | |
£195K | 03/23 | 0.26 mi | 21, Myrtle Street, Wolverhampton, West Midlands WV2 2EP | £2,955 | 66 | 3 | Semi-Detached House | |
£182.5K | 01/24 | 0.28 mi | 14, Wessex Road, Wolverhampton, West Midlands WV2 2ER | £2,340 | 78 | 3 | Semi-Detached House | |
£187K | 06/21 | 0.3 mi | 6, Veronica Avenue, Wolverhampton, West Midlands WV4 6AJ | - | - | 3 | Semi-Detached House | |
£123K | 11/20 | 0.31 mi | 26, Thompson Avenue, Wolverhampton, West Midlands WV2 3NU | - | - | 3 | Semi-Detached House | |
£200K | 03/23 | 0.31 mi | 22, Rooker Crescent, Wolverhampton, West Midlands WV2 2DU | - | - | 3 | Semi-Detached House | |
£125K | 11/20 | 0.32 mi | 8, Myatt Avenue, Wolverhampton, West Midlands WV2 2ED | £1,471 | 85 | 3 | Semi-Detached House | |
£165K | 01/21 | 0.33 mi | 17, Malins Road, Wolverhampton, West Midlands WV4 6AW | £2,063 | 80 | 3 | Semi-Detached House | |
£136.6K | 03/23 | 0.34 mi | 86, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6DR | - | - | 3 | Terraced House | |
£151K | 03/21 | 0.34 mi | 16, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6DR | £2,097 | 72 | 3 | Semi-Detached House | |
£106K | 12/20 | 0.34 mi | 19, Greenly Road, Wolverhampton, West Midlands WV4 6AB | £855 | 124 | 3 | Semi-Detached House | |
£160K | 06/23 | 0.35 mi | 25, Rough Hills Road, Wolverhampton, West Midlands WV2 2HJ | - | - | 3 | Semi-Detached House | |
£120K | 02/21 | 0.37 mi | 3, Durberville Road, Wolverhampton, West Midlands WV2 2ES | £1,622 | 74 | 3 | Semi-Detached House | |
£210K | 12/22 | 0.38 mi | 65, Durberville Road, Wolverhampton, West Midlands WV2 2ES | £2,692 | 78 | 3 | Semi-Detached House | |
£175K | 02/21 | 0.39 mi | 27, Cheviot Road, Wolverhampton, West Midlands WV2 2HB | - | - | 3 | Semi-Detached House | |
£195K | 05/23 | 0.4 mi | 4, Trentham Rise, Wolverhampton, West Midlands WV2 2HE | £2,241 | 87 | 3 | Terraced House | |
£270K | 02/24 | 0.41 mi | 198, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6NY | £4,154 | 65 | 3 | Bungalow | |
£135K | 01/21 | 0.42 mi | 56, Kenilworth Crescent, Parkfields, Wolverhampton, West Midlands WV4 6SD | £1,753 | 77 | 3 | Semi-Detached House | |
£178K | 07/23 | 0.43 mi | 76, Dixon Street, Wolverhampton, West Midlands WV2 2BJ | £2,000 | 89 | 3 | Semi-Detached House | |
£163K | 11/20 | 0.44 mi | 48, Durberville Road, Wolverhampton, West Midlands WV2 2EZ | £1,791 | 91 | 3 | Semi-Detached House | |
£315.5K | 09/22 | 0.48 mi | 28, Dudding Road, Wolverhampton, West Midlands WV4 5DS | £3,585 | 88 | 3 | Detached House | |
£170K | 04/21 | 0.51 mi | 14, Coningsby Drive, Wolverhampton, West Midlands WV2 2RN | £2,288 | 74 | 3 | Semi-Detached House | |
£145K | 11/21 | 0.52 mi | 148, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6BY | £1,944 | 75 | 3 | Semi-Detached House | |
£150K | 10/21 | 0.52 mi | 8, Park Hall Road, Wolverhampton, West Midlands WV4 5EL | - | - | 3 | Semi-Detached House | |
£277.5K | 06/23 | 0.52 mi | 8, Park Hall Road, Wolverhampton, West Midlands WV4 5EL | - | - | 3 | Semi-Detached House | |
£251K | 05/23 | 0.52 mi | 12, Longdon Avenue, Wolverhampton, West Midlands WV4 5DR | £3,303 | 76 | 3 | Semi-Detached House | |
£230K | 04/23 | 0.52 mi | 2, Longdon Avenue, Wolverhampton, West Midlands WV4 5DR | - | - | 3 | Semi-Detached House | |
£190K | 05/21 | 0.52 mi | 15b, Genge Avenue, Wolverhampton, West Midlands WV4 6SL | £1,652 | 115 | 3 | Detached House | |
£145K | 11/21 | 0.52 mi | 148, Hilton Road, Lanesfield, Wolverhampton, West Midlands WV4 6BY | £1,944 | 75 | 3 | Semi-Detached House | |
£132K | 11/20 | 0.53 mi | 53, Wordsworth Avenue, Parkfields, Wolverhampton, West Midlands WV4 6SY | £1,833 | 72 | 3 | Semi-Detached House | |
£189K | 12/22 | 0.53 mi | 34, Norbury Crescent, Wolverhampton, West Midlands WV4 6DH | - | - | 3 | Semi-Detached House | |
£197K | 06/21 | 0.54 mi | 31, Fieldhouse Road, Wolverhampton, West Midlands WV4 6SJ | - | - | 3 | Semi-Detached House | |
£230K | 09/23 | 0.54 mi | 416, Wolverhampton Road East, Wolverhampton, West Midlands WV4 6AR | £2,749 | 84 | 3 | Semi-Detached House | |
£206K | 07/23 | 0.54 mi | 404, Wolverhampton Road East, Wolverhampton, West Midlands WV4 6AR | £2,641 | 78 | 3 | Semi-Detached House |
Local Rents
12 rents from £975/mo to £1.3K/mo, average is £1.1K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£975 | 01/24 | 0.11 mi | - | 3 | Semi-Detached House | |
£1,150 | 04/25 | 0.12 mi | - | 3 | Semi-Detached House | |
£1,250 | 12/24 | 0.12 mi | - | 3 | Semi-Detached House | |
£995 | 11/24 | 0.4 mi | Birmingham New Road, Wolverhampton | 3 | Detached House | |
£1,100 | 11/24 | 0.47 mi | Willcock Road, Wolverhampton, West Midlands, WV2 | 3 | Flat | |
£1,300 | 11/24 | 0.47 mi | - | 3 | Semi-Detached House | |
£1,150 | 11/24 | 0.5 mi | Willcock Road, Wolverhampton | 3 | Terraced House | |
£1,150 | 11/24 | 0.5 mi | Willcock Road, WOLVERHAMPTON | 3 | Flat | |
£1,200 | 11/24 | 0.5 mi | Thompson Avenue, Wolverhampton, West Midlands, WV2 | 3 | Detached House | |
£1,200 | 11/24 | 0.52 mi | Spring Road, Wolverhampton, West Midlands, WV4 | 3 | Detached House | |
£1,195 | 04/25 | 0.55 mi | - | 3 | Semi-Detached House | |
£1,100 | 11/24 | 0.61 mi | - | 3 | Semi-Detached House |
Property History
Listed for £50,000
March 13, 2025
Description
- Freehold Vacant possession upon completion. +
For Sale By Public Auction on 27 March 2025 starting at 08:30 AM - A vacant freehold detached property, which may be suitable for development, subject to obtaining the necessary planning consents
A detached property, standing back from the road behind a driveway and foregarden.
Accommodation
Ground Floor: Porch, Hall, Understairs Cupboard, Through Reception Room, Dining Room, Kitchen, Shower Room/WC.
First Floor: Landing, Three Bedrooms, Bathroom/WC.
Outside: Gardens.
The property benefits from having a gas fired central heating system and double glazing, however it is in need of modernisation.
Energy Performance Rating
D.
Tenure
Freehold Vacant possession upon completion.
Pre-auction Offers
Please note no offers will be considered prior to the Auction Sale.
Auctioneer's Note
Please note that the completion period for this property is 6 weeks (42 days).
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.
13/03/2025 14:45 - 15:00
18/03/2025 10:00 - 10:15
20/03/2025 14:45 - 15:00
25/03/2025 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.
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