3 Bed Detached House, Refurb/BRRR, Wolverhampton, WV6 7RE, £350,000

Turnberry Close, Perton,Wolverhampton,WV6 7RE - a month ago

Refurb/BRRR
Planning
ROI: 2%
~93 m²
+25 photos

ValuationOvervalued

Sold Prices£122K - £380K
Sold Prices/m²£1.4K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£260,984

 

 

End Value (After Refurb)

£289,928

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£36,550

Bridging Loan Interest

£9,188

Total Cash In

£158,688

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£289,928

Mortgage (After Refinance)

£217,446

Mortgage LTV

75%

Cash Left In

£158,688

Equity

£72,482

Rent Range

£695 - £4,500

Rent Estimate

£1,495

Running Costs/mo

£1,225

Cashflow/mo

£270

Cashflow/yr

£3,240

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £122K to £380K, average is £225K. £1.4K/m² to £4.5K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£287.5K07/230.13 mi40, St Andrews Drive, Perton, Wolverhampton, Staffordshire WV6 7YJ3
£195K12/200.16 mi1, Franklyn Close, Perton, Wolverhampton, Staffordshire WV6 7SB3
£225K09/230.16 mi1, Franklyn Close, Perton, Wolverhampton, Staffordshire WV6 7SB3
£185K12/200.16 mi2, Franklyn Close, Perton, Wolverhampton, Staffordshire WV6 7SB3
£210K01/230.16 mi10, Franklyn Close, Perton, Wolverhampton, Staffordshire WV6 7SB3
£186.5K04/230.2 mi9, Scampton Close, Wolverhampton, Staffordshire WV6 7LL3
£311K12/200.21 mi10, Portrush Road, Perton, Wolverhampton, Staffordshire WV6 7YZ3
£209.9K06/210.23 mi4, Tasman Grove, Perton, Wolverhampton, Staffordshire WV6 7SF3
£309K05/230.24 mi30, Shackleton Drive, Perton, Wolverhampton, Staffordshire WV6 7SA3
£220K01/210.24 mi48, Shackleton Drive, Perton, Wolverhampton, Staffordshire WV6 7SA3
£195K11/210.25 mi6, Shawbury Grove, Perton, Wolverhampton, Staffordshire WV6 7LR3
£240K09/230.25 mi19, Webb Avenue, Perton, Wolverhampton, Staffordshire WV6 7YH3
£250K09/230.25 mi21, Webb Avenue, Perton, Wolverhampton, Staffordshire WV6 7YH3
£201K06/210.29 mi7, Gaydon Close, Perton, Wolverhampton, Staffordshire WV6 7LW3
£230K12/230.3 mi8, Livingstone Avenue, Perton, Wolverhampton, Staffordshire WV6 7TF3
£202.5K11/200.33 mi17, Egelwin Close, Perton, Wolverhampton, Staffordshire WV6 7NF3
£225K03/210.34 mi41, Edward Road, Perton, Wolverhampton, Staffordshire WV6 7NA3
£248K06/210.34 mi15, Edward Road, Perton, Wolverhampton, Staffordshire WV6 7NA3
£230K10/230.34 mi10, Edward Road, Perton, Wolverhampton, Staffordshire WV6 7NA3
£285K12/220.34 mi14, Edward Road, Perton, Wolverhampton, Staffordshire WV6 7NA3
£156K11/200.36 mi11, Mercia Drive, Perton, Wolverhampton, Staffordshire WV6 7NE3
£200K11/200.36 mi15, Offas Drive, Perton, Wolverhampton, Staffordshire WV6 7NG3
£122K11/200.37 mi36, Manston Drive, Perton, Wolverhampton, Staffordshire WV6 7LX3
£195K01/210.37 mi55, Manston Drive, Wolverhampton, Staffordshire WV6 7LX3
£250K10/230.39 mi51, Melrose Drive, Wolverhampton, Staffordshire WV6 7XH3
£240K11/210.41 mi31, Coulter Grove, Perton, Wolverhampton, Staffordshire WV6 7UA3
£180K10/230.42 mi27, Browning Grove, Perton, Wolverhampton, Staffordshire WV6 7QA3
£265K11/220.46 mi3, Wells Close, Perton, Wolverhampton, Staffordshire WV6 7XD3
£253.5K10/230.46 mi45, Idonia Road, Perton, Wolverhampton, Staffordshire WV6 7NQ3
£225K12/200.46 mi60, Idonia Road, Perton, Wolverhampton, Staffordshire WV6 7NQ3
£343.8K12/220.48 mi9, The Staddlestones, Perton, Wolverhampton, Staffordshire WV6 7UH3
£281.5K07/230.49 mi5, Athelstan Grove, Wolverhampton, Staffordshire WV6 7NL3
£317.5K11/230.5 mi4, Meadow Croft, Perton, Wolverhampton, Staffordshire WV6 7XY3
£279K04/210.5 mi4, Meadow Croft, Perton, Wolverhampton, Staffordshire WV6 7XY3
£219.5K12/200.51 mi20, Guthrum Close, Wolverhampton, Staffordshire WV6 7NN3
£217K07/210.53 mi56, Canterbury Drive, Perton, Wolverhampton, Staffordshire WV6 7XA3
£172K11/220.54 mi36, Spenser Avenue, Perton, Wolverhampton, Staffordshire WV6 7QQ3
£265K03/230.54 mi2, Cunningham Road, Perton, Wolverhampton, Staffordshire WV6 7XJ3
£220K02/210.58 mi6, Penda Grove, Perton, Wolverhampton, Staffordshire WV6 7NW3
£265K12/220.6 mi6, Epsom Close, Perton, Wolverhampton, Staffordshire WV6 7PT3
£210K11/220.61 mi47, Severn Drive, Wolverhampton, Staffordshire WV6 7QU3
£175K08/210.63 mi24, Levington Close, Perton, Wolverhampton, Staffordshire WV6 7NP3
£330K11/230.63 mi12, Repton Avenue, Wolverhampton, Staffordshire WV6 7TD3
£380K07/230.63 mi22, Repton Avenue, Wolverhampton, Staffordshire WV6 7TD3
£221.5K03/240.64 mi5, Sandown Drive, Perton, Wolverhampton, Staffordshire WV6 7PS3
£176.5K02/210.65 mi37, Hamble Grove, Perton, Wolverhampton, Staffordshire WV6 7QW3
£322.5K09/230.65 mi7, Hawksmoor Drive, Perton, Wolverhampton, Staffordshire WV6 7TL3
£159.5K01/210.65 mi31, Churnet Grove, Wolverhampton, Staffordshire WV6 7QR3
£339.5K03/230.69 mi18, Wykeham Grove, Wolverhampton, Staffordshire WV6 7TP3
£202.5K04/210.69 mi17, Cheriton Grove, Wolverhampton, Staffordshire WV6 7SP3

Local Rents

50 rents from £695/mo to £4.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£89512/240.15 miGleneagles Road, Wolverhampton2
£1,79512/240.29 miLytham Road, Perton4
£87512/240.32 miStephenson Drive, Perton, Wolverhampton, Staffordshire, WV62
£95012/240.33 miCranmoor, Wrottesley Park, Wolverhampton1
£1,10012/240.36 miMercia Drive, Wolverhampton, WV63
£99512/240.42 miBrowning Grove, Perton, WOLVERHAMPTON3
£1,15012/240.44 miThe Windrow, Perton, Wolverhampton, Staffordshire, WV63
£83502/240.46 mi-2
£93503/250.46 mi-2
£69512/240.51 miCunningham Road, Perton, Wolverhampton, Staffordshire, WV61
£85012/240.52 miCanterbury Drive, Wolverhampton, WV62
£87512/240.53 miCheshire Grove, Perton, Wolverhampton, Staffordshire, WV62
£75012/240.56 miCanterbury Drive, Wolverhampton1
£1,25010/240.64 mi-3
£80003/250.67 mi-2
£69512/240.77 miGrasmere Avenue, Perton, Wolverhampton, WV61
£77512/240.79 miGainsborough Drive, Wolverhampton, Staffordshire, WV62
£1,20012/240.91 miHolyhead Road, Codsall1
£2,70012/240.98 mi1 Wrekin Lane, Tettenhall4
£3,50004/250.98 mi-4
£1,99512/241 miSouthcliffe, Pattingham Road4
£1,60012/241.02 miNew Wing, Wergs Hall, Wolverhampton, WV82
£2,75012/241.04 miPerton Road, Wightwick, Wolverhampton4
£1,65012/241.06 miSutton Farm Barns, Claverley3
£1,90004/251.1 mi-3
£3,99512/241.15 miTinacre Hill, Wightwick, Wolverhampton6
£2,65012/241.17 miApsley House, Quail Green, Wightwick5
£3,99512/241.21 miThe New House, Tinacre Hill, Wightwick6
£1,20012/241.22 miRegis Road, Wolverhampton4
£1,39512/241.22 miWightwick Court, Wolverhampton, West Midlands, WV62
£1,20012/241.24 miRegis Road, Tettenhall, Wolverhampton3
£1,29512/241.26 miThe Annexe, Hollies Lane, Pattingham2
£1,10012/241.31 mi-1
£99512/241.31 mi-1
£95012/241.35 miKinfare Drive, Wolverhampton, West Midlands, WV62
£2,50012/241.36 mi3 Hollycroft Gardens, Tettenhall4
£1,20012/241.37 mi-3
£1,20012/241.37 miWoodland Avenue, Wolverhampton, WV63
£97512/241.43 miRegis Road, Tettenhall, Wolverhampton2
£89512/241.43 mi3 Richmere Court, Mount Road, Tettenhall Wood2
£85012/241.45 miCornwall Road, Tettenhall3
£4,50012/241.46 miFoley Avenue, Tettenhall4
£1,95012/241.46 mi-4
£1,79509/241.47 mi-4
£1,79512/241.5 miMiddle Lane, WV84
£89512/241.51 miCornwall Road, Tettenhall, Wolverhampton, WV6 8UZ3
£1,90011/231.56 mi-3
£1,65009/241.56 mi-3
£1,10012/241.56 miDanescourt Road, Wolverhampton, West Midlands, WV62
£1,30012/241.56 miDanescourt Road, Wolverhampton, West Midlands, WV62

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

2.25 miles away

Nearest school

0.30 miles away

Nearest train station

1.90 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £350,000

March 26, 2025

Floor Plans

Description

  • No upward chain +
  • Highly desirable cul-de-sac location +
  • Three double bedrooms, including a principal suite with en-suite +
  • Two reception rooms +
  • Generous breakfast kitchen +
  • Utility room +
  • Ground floor W.c +
  • Large driveway, parking for 4-6 cars +
  • Double garage +
  • Exciting potential for further extensions (STPP) +

Slade Property Collective proudly presents….. 4 Turnberry Close, Perton WV6 Offers in the Region of £350,000 An exceptional opportunity in one of Perton’s most sought-after cul-de-sac locations. Set on the fringes of Perton, this generous three-bedroom detached home offers unrivalled potential, with scope for further extensions to transform it into a four or possibly five-bedroom executive family home (subject to planning and planning permission). Sitting on an impressive plot, the home boasts a large driveway, a double garage, and a stunning rear garden that is perfect for those looking for extra outdoor space or future development. Internally, the home offers a wealth of space and versatility, with two reception rooms—a bright and airy dual-aspect lounge that enjoys floods of natural light with a view of this sought after cul-de-sac and a formal dining room with French doors leading onto the garden. The breakfast kitchen is generously sized and provides plenty of scope for modernisation and reconfiguration. Thanks to the substantial rear garden, there is exciting potential to extend from both the kitchen and dining room, creating a stunning open-plan family, dining, and social space—the perfect hub for modern family living (subject to planning permission). Upstairs, the principal bedroom suite benefits from a modern en-suite shower room, while two further double bedrooms provide ample space for families. A well-appointed family bathroom serves the additional bedrooms. The rear garden is a standout feature—generous in size, mainly laid to lawn, with a patio area and hard-standing for potential workshops or sheds. The front driveway can comfortably accommodate 4-6 vehicles and allows easy access to the double garage. A rare find in a prestigious location, this home must be seen to be fully appreciated. No upward chain means you can move quickly—book your viewing today! Key Features: • No upward chain – move straight in • Highly desirable cul-de-sac location on the fringes of Perton • Three double bedrooms, including a principal suite with en-suite • Two reception rooms – lounge with dual aspect windows, dining room with French doors to garden • Generous breakfast kitchen with potential to reconfigure • Large rear garden offers scope for extension to create a stunning open-plan living space (STPP) • Generous rear garden, patio area, and hard-standing for sheds/workshops • Large driveway, parking for 4-6 cars • Double garage with access from the driveway • Exciting potential for further extensions (STPP) Room Dimensions: Ground Floor: • Lounge: 5.69m x 3.28m (18’8” x 10’8”) • Dining Room: 5.00m x 3.03m (16’5” x 9’11”) • Breakfast Kitchen: 5.05m x 2.58m (16’7” x 8’5”) • Utility Room: –

First Floor: • Principal Bedroom: 3.84m x 3.28m (12’7” x 10’8”) • Bedroom 2: 3.58m x 3.20m (11’9” x 10’6”) • Bedroom 3: 3.58m x 2.58m (11’9” x 8’5”) • Family Bathroom • En-Suite Shower Room

Garage: • Double Garage: 4.81m x 4.80m (15’9” x 15’9”) EPC Rating: D Council Tax Band: E Tenure: Freehold Why Choose Slade property collective? Launched in August 2023, SLADE property collective is a bespoke, independent Estate Agency, whose foundations are built on Mark Slade’s 21 years of experience and proven success within the Wolverhampton property market. A local resident of WV8, after living in Tettenhall for 40 years, Mark offers extensive local knowledge along with a personal and creative approach to residential sales.  At Slade property collective I do things differently. I believe in stylish, stand-out property marketing that captures the heart and soul of every home I sell.

Creative and modern property marketing Unique, eye-catching property descriptions Tailored strategies to sell your home for its full potential Genuine passion and expertise in the property market Slade property collective prioritises quality over quantity, offering a bespoke, personal, end-to-end tailored service for each of my client’s unique needs. My commitment to low volume, high-quality service ensures consistency, trust, and a genuine desire to achieve the right results for every vendor and buyer. I take the time to understand your home and its full potential, delivering a service that goes beyond expectations. If you’re looking to sell your home and want it marketed the right way, get in touch today.

Contact Slade property collective to arrange your viewing: Mark Slade   Facebook & Instagram SLADE property collective AML & Compliance Notice:
Before a memorandum of sale is issued, all buyers must provide ID documents and proof of funds. We may use an online verification service. Contact us for a full list of requirements.   Important Information:  
All details are prepared with care, but room sizes, boundaries, and appliances cannot be guaranteed. Floor plans and photos are for illustrative purposes only. Seek independent legal advice before proceeding. We collaborate with conveyancing partners and mortgage brokers receiving a referral fee.

Agent Details

SLADE Property Collective, Wolverhampton

01902 943136

Next Steps?

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

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