3 Bed Terraced House, Single Let, Wolverhampton, WV3 0AP, £180,000

Rayleigh Road, Pennfields, Wolverhampton, West Midlands, WV3 0AP - 3 views - a month ago

BTL
ROI: 2%
~93 m²
+9 photos

ValuationOvervalued

Sold Prices£47K - £247K
Sold Prices/m²£365/m² - £3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£149,427

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£775 - £2,700

Rent Estimate

£861

Running Costs/mo

£755

Cashflow/mo

£106

Cashflow/yr

£1,276

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £47K to £247K, average is £149.5K. £365/m² to £3K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£158.2K10/230.05 mi215, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£110K04/230.05 mi223, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£120K12/230.06 mi14, Aston Street, Wolverhampton, West Midlands WV3 0HY3
£190K11/230.07 mi25, Rayleigh Road, Wolverhampton, West Midlands WV3 0AR3
£153K07/210.08 mi55, Lennox Gardens, Wolverhampton, West Midlands WV3 0RR3
£130K12/220.1 mi100, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£168.9K02/230.1 mi52, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£130K03/210.1 mi16, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£143K04/210.1 mi78, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£148K11/210.1 mi31, Manlove Street, Wolverhampton, West Midlands WV3 0HG3
£94.5K12/200.11 mi102, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£150K06/210.11 mi124, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£47K12/200.12 mi32, Lime Street, Wolverhampton, West Midlands WV3 0EY3
£170K05/230.13 mi63, Kimberley Street, Penn Fields, Wolverhampton, West Midlands WV3 0BP3
£135K03/230.14 mi11, Cardiff Street, Wolverhampton, West Midlands WV3 0EZ3
£158.5K09/230.15 mi26, Norfolk Road, Wolverhampton, West Midlands WV3 0JA3
£135K07/230.15 mi44, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HW3
£170K06/210.17 mi33, Bamford Road, Wolverhampton, West Midlands WV3 0AT3
£90K09/210.18 mi139, Lime Street, Wolverhampton, West Midlands WV3 0HA3
£125K03/210.19 mi13, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£134K01/230.19 mi19, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£122K11/200.19 mi31, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£127.5K01/210.19 mi9, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£100K11/200.19 mi85, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£121.5K01/230.2 mi89, Norfolk Road, Wolverhampton, West Midlands WV3 0HZ3
£124K06/210.21 mi44, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£110K01/210.21 mi110, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£82K04/210.24 mi16, Fisher Street, Wolverhampton, West Midlands WV3 0LF3
£195K11/220.25 mi51, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£205K09/230.26 mi30, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£206K01/230.26 mi21, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AN3
£150K02/230.26 mi29, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£149K11/210.26 mi16, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£163K02/230.26 mi14, Fir Grove, Wolverhampton, West Midlands WV3 0UR3
£210K11/230.27 mi72, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£227K12/230.27 mi92, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£190K04/240.29 mi85, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AL3
£138.8K06/210.29 mi32, Laburnum Street, Wolverhampton, West Midlands WV3 0BT3
£135K12/200.3 mi3, Claremont Mews, Wolverhampton, West Midlands WV3 0EB3
£247K12/220.3 mi20, Yew Street, Chapel Ash, Wolverhampton, West Midlands WV3 0DA3
£190K01/210.3 mi42, Yew Street, Chapel Ash, Wolverhampton, West Midlands WV3 0DA3
£165K12/220.31 mi7, Hornbeam Walk, St Marks, Wolverhampton, West Midlands WV3 0XF3
£224K11/220.31 mi133, Victoria Road, Bradmore, Wolverhampton, West Midlands WV3 7HA3
£173K11/200.32 mi23, Merridale Gardens, Wolverhampton, West Midlands WV3 0UU3
£152K05/210.33 mi71, Oak Street, Wolverhampton, West Midlands WV3 0AH3
£142K04/210.33 mi37, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£212K03/230.33 mi19, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£199.9K10/230.34 mi24, Hughes Avenue, Wolverhampton, West Midlands WV3 7AX3
£170K12/200.35 mi226, Jeffcock Road, Wolverhampton, West Midlands WV3 7AH3
£135K10/200.35 mi110, Lea Road, Penn Fields, Wolverhampton, West Midlands WV3 0LJ3

Local Rents

22 rents from £775/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,00011/240.04 miMerridale Street West, Wolverhampton, WV33
£1,00011/240.04 mi-3
£85001/250.05 mi-3
£1,05002/250.11 mi-3
£77511/240.13 miKimberley Street, Wolverhampton, WV33
£1,29504/250.14 mi-3
£87504/250.15 mi-3
£89511/240.19 miBruford Road, Wolverhampton, WV33
£1,20011/240.21 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.21 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,50011/240.26 mi-3
£1,20011/240.26 mi-3
£1,20001/250.27 mi-3
£1,20001/250.27 mi-3
£1,20011/240.32 mi-3
£1,14511/240.35 mi-3
£1,20011/240.37 miOak Street, Merridale, Wolverhampton, WV33
£1,10011/240.39 miMerridale Road, WOLVERHAMPTON3
£1,10003/250.56 mi-3
£1,05011/240.56 miStanford Road, Wolverhampton, West Midlands, WV23
£2,70011/240.58 mi-3
£1,09502/250.58 mi-3

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

0.97 miles away

Nearest school

0.10 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £180,000

March 26, 2025

Floor Plans

Description

  • No Upward Chain +
  • Two Reception Rooms +
  • Superbly Presented Throughout +
  • Ready to Move into +
  • Three Bedrooms +
  • Private Rear Garden +
  • Close to Amenties +
  • Excellent Transport Links +

*NO UPWARD CHAIN! *

Located in the heart of a vibrant town, this charming terraced house offers a perfect blend of modern convenience and homely comfort.

Boasting three bedrooms, this well-maintained property is bright, spacious, and inviting, ideal for families or professionals looking for a comfortable living space.

The stylish interior is complemented by a clean and contemporary design, creating a warm and welcoming atmosphere throughout.

With easy access to local amenities, schools, and transport links, this property is both convenient and affordable.

Don't miss the opportunity to make this delightful house your new home. Contact us today to arrange a viewing and experience the charm of this lovely property for yourself.

Mobile coverage from all four major networks
Ultrafast Broadband
All services are mains connected

*Results provided by Ofcom and correct at time of listing*

Agent Details

D B Roberts & Partners, Wolverhampton

01902 943715

Next Steps?

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