3 Bed Terraced House, Single Let, Wolverhampton, WV3 0HS, £145,000

Bingley Street, Pennfields, Wolverhampton, WV3 0HS - 3 views - a month ago

BTL
ROI: 5%
~93 m²
+24 photos

ValuationUndervalued

Sold Prices£47K - £272.5K
Sold Prices/m²£365/m² - £2.5K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£150,000
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,850

Total Cash In

£45,100

 

 

Cash Out

 

Rent Range

£775 - £1,500

Rent Estimate

£841

Running Costs/mo

£641

Cashflow/mo

£200

Cashflow/yr

£2,396

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £47K to £272.5K, average is £142.8K. £365/m² to £2.5K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£135K07/230.03 mi44, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HW3
£158.5K09/230.06 mi26, Norfolk Road, Wolverhampton, West Midlands WV3 0JA3
£125K03/210.07 mi13, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£134K01/230.07 mi19, Burleigh Road, Penn Fields, Wolverhampton, West Midlands WV3 0HJ3
£120K12/230.07 mi14, Aston Street, Wolverhampton, West Midlands WV3 0HY3
£121.5K01/230.08 mi89, Norfolk Road, Wolverhampton, West Midlands WV3 0HZ3
£148K11/210.1 mi31, Manlove Street, Wolverhampton, West Midlands WV3 0HG3
£170K06/210.11 mi33, Bamford Road, Wolverhampton, West Midlands WV3 0AT3
£190K11/230.11 mi25, Rayleigh Road, Wolverhampton, West Midlands WV3 0AR3
£130K12/220.13 mi100, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£168.9K02/230.13 mi52, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£130K03/210.13 mi16, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£143K04/210.13 mi78, Rayleigh Road, Wolverhampton, West Midlands WV3 0AP3
£122K11/200.14 mi31, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£127.5K01/210.14 mi9, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£100K11/200.14 mi85, Bruford Road, Wolverhampton, West Midlands WV3 0AY3
£135K03/230.14 mi11, Cardiff Street, Wolverhampton, West Midlands WV3 0EZ3
£158.2K10/230.15 mi215, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£110K04/230.15 mi223, Merridale Street West, Wolverhampton, West Midlands WV3 0RP3
£124K06/210.15 mi44, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£110K01/210.15 mi110, Bruford Road, Wolverhampton, West Midlands WV3 0BA3
£47K12/200.16 mi32, Lime Street, Wolverhampton, West Midlands WV3 0EY3
£135K12/200.17 mi3, Claremont Mews, Wolverhampton, West Midlands WV3 0EB3
£153K07/210.2 mi55, Lennox Gardens, Wolverhampton, West Midlands WV3 0RR3
£90K09/210.21 mi139, Lime Street, Wolverhampton, West Midlands WV3 0HA3
£94.5K12/200.23 mi102, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£150K06/210.23 mi124, Owen Road, Penn Fields, Wolverhampton, West Midlands WV3 0AJ3
£170K05/230.23 mi63, Kimberley Street, Penn Fields, Wolverhampton, West Midlands WV3 0BP3
£82K04/210.23 mi16, Fisher Street, Wolverhampton, West Midlands WV3 0LF3
£135K04/230.24 mi114, Lea Road, Wolverhampton, West Midlands WV3 0LJ3
£135K10/200.24 mi110, Lea Road, Penn Fields, Wolverhampton, West Midlands WV3 0LJ3
£195K11/220.25 mi51, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£170K12/200.25 mi226, Jeffcock Road, Wolverhampton, West Midlands WV3 7AH3
£205K09/230.25 mi30, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AJ3
£182K02/210.25 mi167, Jeffcock Road, Wolverhampton, West Midlands WV3 7AQ3
£155K02/230.27 mi82c, Lea Road, Wolverhampton, West Midlands WV3 0LN3
£270K01/210.28 mi46, Lyndhurst Road, Wolverhampton, West Midlands WV3 0AA3
£206K01/230.29 mi21, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AN3
£199.9K10/230.3 mi24, Hughes Avenue, Wolverhampton, West Midlands WV3 7AX3
£190K04/240.31 mi85, Skidmore Avenue, Wolverhampton, West Midlands WV3 7AL3
£272.5K11/200.32 mi14, Copthorne Road, Penn Fields, Wolverhampton, West Midlands WV3 0AB3
£210K11/230.32 mi72, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£227K12/230.32 mi92, Jeffcock Road, Wolverhampton, West Midlands WV3 7AA3
£142K04/210.33 mi37, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£212K03/230.33 mi19, Walford Avenue, Wolverhampton, West Midlands WV3 7AZ3
£142.5K07/210.35 mi79, Hughes Avenue, Wolverhampton, West Midlands WV3 7AU3
£140K02/210.35 mi73, Hughes Avenue, Wolverhampton, West Midlands WV3 7AU3
£190K04/210.38 mi3, Addison Road, Bradmore, Wolverhampton, West Midlands WV3 7AR3
£138.8K06/210.38 mi32, Laburnum Street, Wolverhampton, West Midlands WV3 0BT3
£150K02/230.38 mi29, Fir Grove, Wolverhampton, West Midlands WV3 0UR3

Local Rents

21 rents from £775/mo to £1.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05002/250.08 mi-3
£89511/240.14 miBruford Road, Wolverhampton, WV33
£1,00011/240.15 miMerridale Street West, Wolverhampton, WV33
£1,00011/240.15 mi-3
£85001/250.15 mi-3
£87504/250.22 mi-3
£77511/240.23 miKimberley Street, Wolverhampton, WV33
£1,14511/240.24 mi-3
£1,29504/250.25 mi-3
£1,20011/240.26 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,20011/240.26 miMerridale Street West, Wolverhampton, West Midlands, WV33
£1,50011/240.27 mi-3
£1,20001/250.27 mi-3
£1,20001/250.27 mi-3
£1,20011/240.29 mi-3
£1,20011/240.44 mi-3
£1,20011/240.49 miOak Street, Merridale, Wolverhampton, WV33
£1,05011/240.5 miStanford Road, Wolverhampton, West Midlands, WV23
£1,10011/240.51 miMerridale Road, WOLVERHAMPTON3
£1,30004/250.55 mi-3
£1,09502/250.58 mi-3

Local Area Statistics

Population in WV3

29,663

Population in Wolverhampton

260,353

Town centre distance

1.06 miles away

Nearest school

0.40 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £145,000

March 31, 2025

Floor Plans

Description

SLADE property collective presents… 39 Bingley Street, Pennfields, Wolverhampton, WV3 Offers in the region of £145,000 A well-proportioned three-bedroom mid-terraced house, offering a fantastic opportunity for first-time buyers and investors alike. Step through the entrance hall which leads into a spacious living room featuring a double glazed bay window that floods the space with natural light, complemented by hard wood flooring. The dining /sitting room, positioned at the heart of the home, provides the perfect setting for everyday entertaining. The kitchen boasts tiled flooring, wall and base units, and a practical layout with access to the rear lobby. The ground-floor bathroom is fully tiled and features a mixer shower above a corner bath, along with a basin, W.C, and a double glazed window on the side elevation. Upstairs, discover three good-sized bedrooms, each filled with natural light and retaining the home’s character. There is also a fully boarded loft, ideal for extra storage. Outside, the private, low-maintenance rear garden provides an excellent outdoor retreat. Key Features: -Mid-terraced house in a desirable location.
-Spacious living room with a double glazed bay window and hard wooden flooring.
-Separate dining room, perfect for entertaining.
-Well-appointed kitchen with tiled flooring, wall and base units, and access to the rear lobby.
-Ground-floor bathroom, fully tiled with a mixer shower above a corner bath, basin, and W/C, plus a double glazed side window.
-Three first-floor bedrooms, well-proportioned and full of potential.
-Fully boarded loft with ladder access, ideal for storage.
-Private, low-maintenance rear garden—an excellent outdoor retreat.
-Gas central heating with a Worcester Bosch boiler.
-An ideal opportunity for first-time buyers and investors.

Room Measurements: Ground Floor: Living Room: 4.09m x 2.66m (13’5” x 8’9”)
Dining Room: 3.69m x 3.63m (12’1” x 11’11”)
Kitchen: 3.30m x 2.13m (10’10” x 7’) First Floor: Bedroom 1: 3.63m x 3.42m (11’11” x 11’3”)
Bedroom 2: 3.58m x 2.68m (11’9” x 8’10”)
Bedroom 3: 2.74m x 2.08m (9’ x 6’10”)
Total area: Approx. 79.3 sq. metres (854.0 sq. feet) EPC rating: D Council Tax band: A This home is ready to move into, yet offers scope for personalisation. Whether you're taking your first step onto the property ladder or expanding your portfolio, this is an opportunity not to be missed. Book your viewing today! For further details or to book a viewing, contact SLADE property collective. Oliver Jones
Follow SLADE property collective on Facebook and Instagram for the latest property updates!   Why Choose SLADE property collective?
Launched in August 2023, SLADE property collective is a boutique, independent estate agency offering a premium, tailored approach to selling homes in Wolverhampton and beyond. With 21 years of industry experience and an expert understanding of the local property market, Mark Slade delivers a personal, creative, and results-driven service for every client.   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 💪