2 Bed Flat, Single Let, Wolverhampton, WV6 0LS, £110,000

The Lindens, Newbridge Crescent, Wolverhampton, West Midlands, WV6 0LS - 1 views - a month ago

Leasehold
BTL
ROI: 9%
~68 m²
+12 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£137,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£6,700

Total Cash In

£34,200

 

 

Cash Out

 

Rent Range

£750 - £1,750

Rent Estimate

£780

Running Costs/mo

£520

Cashflow/mo

£260

Cashflow/yr

£3,123

ROI

9%

Gross Yield

9%

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 £110,000

March 19, 2025

Floor Plans

Description

  • Fantastic location +
  • Private garage +
  • Two spacious bedrooms +
  • Top-floor apartment +
  • Double-glazing throughout +
  • Excellent transport links +

This well-appointed two-bedroom apartment offers the perfect blend of comfort and convenience, making it an excellent choice for first-time buyers, young professionals, or investors looking for a property with strong rental potential. Situated in the peaceful and highly sought-after area of Newbridge Crescent, Wolverhampton, this property boasts a prime location within easy reach of the city centre, local amenities, and transport links.

Upon entering the apartment, you are greeted by a spacious hallway and to your left an inviting reception room, flooded with natural light. The room has been thoughtfully decorated with a tasteful, modern design that strikes the perfect balance between elegance and comfort, while the generous size of the living area makes it perfect for both relaxing and entertaining. Whether you're enjoying a quiet night in or hosting friends and family, this room offers a versatile space for all occasions.

The apartment features two well-sized bedrooms, each providing ample space for comfortable living. Both rooms are bright and airy, with plenty of room for furnishings and storage. Whether used as a master bedroom, guest room, or an office, these spaces provide a peaceful retreat at the end of the day.

The modern family bathroom has been tastefully designed with contemporary fixtures and finishes, offering a relaxing space to unwind. The three-piece suite, including a bath with an overhead shower, a WC, and a washbasin, is both functional and stylish, with clean lines and neutral tones that create a tranquil atmosphere.

A well-equipped kitchen completes the living space, featuring a range of fitted units and integrated appliances. It provides plenty of counter space, making it ideal for meal preparation and day-to-day use. With easy access to the living room, it’s perfect for those who enjoy cooking while still being part of the action when entertaining guests.

One of the standout features of this property is the private garage for additional storage space. The garage is a rare asset in this area, providing extra convenience for owners who need that additional room for bikes, or personal items.

Located in a quiet residential area, the apartment is set within a low-maintenance development that benefits from communal areas and well-kept gardens. Despite its peaceful setting, the property is just a short drive or bus ride from the heart of Wolverhampton, where you’ll find an array of shops, cafes, restaurants, and entertainment options. For those who need to commute, the property is well-served by public transport, with Wolverhampton Railway Station and major road networks nearby, making it ideal for both local and long-distance travel.

This apartment offers the best of both worlds—quiet, residential living with all the convenience of city amenities close at hand. Whether you're starting out on the property ladder or seeking a comfortable home with the added benefit of a private garage, The Lindens is an opportunity not to be missed.

Agent Details

Dixons, Wolverhampton

01902 943774

Next Steps?

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