3 Bed Semi-Detached House, Refurb/BRRR, Wolverhampton, WV6 8ES, £250,000

School Road, Tettenhall Wood, Wolverhampton, WV6 8ES - a month ago

Refurb/BRRR
Planning
ROI: 1%
~93 m²
+23 photos

ValuationFair Value

Sold Prices£140K - £535K
Sold Prices/m²£1.6K/m² - £5.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£248,000

 

 

End Value (After Refurb)

£248,873

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Refurb Costs

£36,550

Bridging Loan Interest

£6,563

Total Cash In

£121,063

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£248,873

Mortgage (After Refinance)

£186,655

Mortgage LTV

75%

Cash Left In

£121,063

Equity

£62,218

Rent Range

£850 - £1,495

Rent Estimate

£1,172

Running Costs/mo

£1,032

Cashflow/mo

£140

Cashflow/yr

£1,678

ROI

1%

Gross Yield

6%

Local Sold Prices

51 sold prices from £140K to £535K, average is £219K. £1.6K/m² to £5.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£173K03/210.06 mi65, School Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EP3
£280K04/230.06 mi67, School Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EP3
£225K02/240.06 mi59, School Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EP3
£190K03/210.07 mi13, The Crescent, Wolverhampton, West Midlands WV6 8LA3
£191K01/210.09 mi32, School Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ER3
£215K06/210.09 mi28, School Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ER3
£140K01/210.11 mi36, Long Lake Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EX3
£279.9K05/230.11 mi36, Long Lake Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EX3
£266.5K02/230.12 mi25, Mill Lane, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EU3
£182K04/210.14 mi75, The Crescent, Wolverhampton, West Midlands WV6 8LB3
£214.9K03/210.14 mi59, Long Lake Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EY3
£207K02/230.16 mi20, Woodend Place, Wolverhampton, West Midlands WV6 8JU3
£260K08/230.16 mi39, Mill Lane, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EZ3
£275K11/230.16 mi37, Mill Lane, Tettenhall Wood, Wolverhampton, West Midlands WV6 8EZ3
£200K12/220.16 mi29, Penk Rise, Tettenhall Wood, Wolverhampton, West Midlands WV6 8JY3
£160K03/210.17 mi13, Kingsley Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8JX3
£245K01/230.2 mi32, Penk Rise, Tettenhall Wood, Wolverhampton, West Midlands WV6 8JY3
£260K06/230.2 mi15, Rising Brook, Tettenhall Wood, Wolverhampton, West Midlands WV6 8JT3
£185K06/230.2 mi6, Rising Brook, Tettenhall Wood, Wolverhampton, West Midlands WV6 8JT3
£535K10/230.23 mi53, Mill Lane, Tettenhall Wood, Wolverhampton, West Midlands WV6 8HD3
£169.9K11/200.24 mi11, Woodland Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ND3
£168K11/200.24 mi31, Woodland Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ND3
£219K10/230.24 mi47, Woodland Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ND3
£230K05/240.24 mi11, Woodland Avenue, Tettenhall Wood, Wolverhampton, West Midlands WV6 8ND3
£298K08/230.27 mi9, Kinfare Drive, Wolverhampton, West Midlands WV6 8JW3
£425K11/200.3 mi1, Dippons Mill Close, Tettenhall Wood, Wolverhampton, West Midlands WV6 8HH3
£195K12/220.3 mi67, Woodhouse Road North, Tettenhall, Wolverhampton, West Midlands WV6 8JD3
£300K02/230.31 mi14, St Mawes Road, Perton, Wolverhampton, Staffordshire WV6 7UN3
£246K09/210.31 mi18, St Mawes Road, Perton, Wolverhampton, Staffordshire WV6 7UN3
£280K04/210.33 mi5, Mount Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8HU3
£345K09/230.33 mi2, Carisbrooke Road, Perton, Wolverhampton, Staffordshire WV6 7UU3
£212K09/210.34 mi1, Northdale, Wolverhampton, West Midlands WV6 8JF3
£173K08/230.34 mi2, Northdale, Wolverhampton, West Midlands WV6 8JF3
£210K06/210.34 mi6, Moore Close, Perton, Wolverhampton, Staffordshire WV6 7PB3
£235K08/230.34 mi8, Turner Grove, Perton, Wolverhampton, Staffordshire WV6 7NZ3
£460K06/230.34 mi10, Foley Avenue, Tettenhall, Wolverhampton, West Midlands WV6 8LT3
£197.5K02/210.35 mi29, Peverill Road, Perton, Wolverhampton, Staffordshire WV6 7PH3
£215K03/210.35 mi20, Peverill Road, Perton, Wolverhampton, Staffordshire WV6 7PH3
£352.5K07/230.36 mi9, Church Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8LJ3
£340K01/230.36 mi5, Church Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8LJ3
£312K04/210.36 mi173, Regis Road, Wolverhampton, West Midlands WV6 8XF3
£335K05/230.36 mi171, Regis Road, Tettenhall, Wolverhampton, West Midlands WV6 8XF3
£210K06/210.37 mi27, Sutherland Grove, Perton, Wolverhampton, Staffordshire WV6 7PA3
£200K02/240.37 mi6, Regina Crescent, Wolverhampton, West Midlands WV6 8JG3
£200K02/240.37 mi6, Regina Crescent, Wolverhampton, West Midlands WV6 8JG3
£345K01/210.38 mi74, Mount Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8HQ3
£399.9K04/230.38 mi56, Mount Road, Tettenhall Wood, Wolverhampton, West Midlands WV6 8HQ3
£250.5K03/230.42 mi8, Raglan Avenue, Wolverhampton, Staffordshire WV6 7RZ3
£175K07/210.43 mi6, Lingfield Grove, Perton, Wolverhampton, Staffordshire WV6 7PZ3
£168K11/200.43 mi56, Cornwall Road, Wolverhampton, West Midlands WV6 8XB3
£174K12/200.43 mi2, Cornwall Road, Wolverhampton, West Midlands WV6 8XB3

Local Rents

12 rents from £850/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20012/240.23 mi-3
£1,20012/240.23 miWoodland Avenue, Wolverhampton, WV63
£1,20012/240.37 miRegis Road, Tettenhall, Wolverhampton3
£85012/240.44 miCornwall Road, Tettenhall3
£89512/240.51 miCornwall Road, Tettenhall, Wolverhampton, WV6 8UZ3
£1,15012/240.52 mi-3
£1,15012/240.53 miTyrley Close, Compton3
£1,49512/240.56 mi14 Wincote Drive, Tettenhall, WV6 8LR3
£1,35012/240.56 miCherrington Gardens, Wolverhampton, WV63
£1,20012/240.59 mi-3
£1,20002/250.59 mi-3
£1,20004/250.59 mi-3

Local Area Statistics

Population in WV6

44,689

Population in Wolverhampton

260,353

Town centre distance

1.10 miles away

Nearest school

0.30 miles away

Nearest train station

2.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+38%

Property History

Listed for £250,000

March 21, 2025

Floor Plans

Description

  • Corner plot 3 bedroom semi-detached +
  • No upward chain +
  • Open-plan kitchen & dining room +
  • Spacious lounge with bay window +
  • Versatile outbuildings +
  • Detached double garage & private driveway +
  • Scope for modernisation & development (STPP) +
  • Local amenities +
  • Moments from Penk Rise Park +

SLADE property collective presents…. 70 SCHOOL ROAD, TETTENHALL WOOD WV6 - A SPACIOUS CORNER PLOT WITH POTENTIAL Offers in the Region of £250,000

Set within the heart of Tettenhall Wood, this generous three-bedroom semi-detached home offers fantastic scope for modernisation, extension, or reconfiguration (subject to planning permission). Occupying a desirable corner plot, the property boasts spacious living areas, a detached double garage, and a range of versatile outbuildings—offering an exciting opportunity for first-time buyers, investors, or families looking to create their dream home. Step inside, and you’ll find a generous lounge with a bay window, and the open-plan kitchen and dining area at the front of the property creates a sociable space, ideal for modern family living. A rear hallway provides access to a separate W.C, storage room, and a versatile outbuilding, which could be transformed into a utility room, home office or additional reception room.

Upstairs, three well-proportioned bedrooms provide ample living space, accompanied by a family bathroom. Each bedroom offers great potential for personalisation.

Externally, the private driveway leads to a detached double garage, which benefits from a separate side entrance into the garden. The corner plot location ensures extra outdoor space, offering fantastic scope for landscaping, further development, or simply enjoying a larger garden.

This home comes to market with no upward chain, making it an exciting opportunity to secure a property with so much potential in one of Tettenhall Wood’s most sought-after locations. LOCATION Positioned within a desirable residential area, this home enjoys the convenience of local amenities right on the doorstep. A coffee shop and beauty salon sit directly opposite, offering a touch of everyday luxury, while the popular Pencrise Park—a 16.1-acre green space with a children’s play area, scenic walking trails, and a peaceful setting—is just a short stroll away.

For commuters, a bus stop located across the road provides direct transport links into Wolverhampton and surrounding areas, while excellent schools, shops, and restaurants are all within walking distance. KEY FEATURES AT A GLANCE:

No Upward Chain  Large Corner Plot  Spacious Lounge with Bay Window  Open-Plan Kitchen & Dining Room  Three Well-Proportioned Bedrooms  Versatile Outbuildings  Detached Double Garage & Private Driveway  Scope for Modernisation & Development (STPP)  Local Amenities  Moments from Penk Rise Park  Excellent Transport Links  ROOM DIMENSIONS Ground Floor: • Lounge: 4.38m x 4.22m (14’4” x 13’10”) • Kitchen: 3.47m x 2.87m (11’5” x 9’5”) • Dining Room: 3.03m x 2.90m (9’11” x 9’6”) First Floor: • Bedroom 1: 3.95m x 3.51m (13’ x 11’6”) • Bedroom 2: 3.60m x 3.07m (11’10” x 10’1”) • Bedroom 3: 3.43m x 1.95m (11’3” x 6’5”) Detached Double Garage: • 5.18m x 5.08m (17’ x 16’8”) A HOME WITH POTENTIAL – READY TO MAKE YOUR OWN Early viewing is highly recommended—contact Slade property collective today. Call Mark Slade Email:   Additional Information:
- Tenure: Freehold  
- Council Tax Band: B
- EPC Rating: E Buyers are advised to seek independent legal advice regarding boundaries, planning, and tenure.   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 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. A premium service that favours quality over quantity.   Bespoke, stylish property adverts that highlight your home’s best features Professional photography and targeted exposure A personalised approach to selling homes, ensuring your property gets the attention it deserves 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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