3 Bed Semi-Detached House, Cash/Bridging Only, Bilston, WV14 9PR, £189,950

Birmingham New Road, Bilston, WV14 9PR - 2 views - a month ago

Cash
ROI: 4%
~93 m²
+7 photos

ValuationFair Value

Sold Prices£60K - £323K
Sold Prices/m²£750/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£191,435

 

 

End Value (After Refurb)

£188,533

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£47,488

Stamp Duty & Legal Fees

£10,698

Refurb Costs

£36,800

Bridging Loan Interest

£4,986

Total Cash In

£101,721

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£188,533

Mortgage (After Refinance)

£141,400

Mortgage LTV

75%

Cash Left In

£101,721

Equity

£47,133

Rent Range

£795 - £1,650

Rent Estimate

£1,185

Running Costs/mo

£846

Cashflow/mo

£339

Cashflow/yr

£4,066

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £323K, average is £180K. £750/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£150K06/210.05 mi68, Ettingshall Road, Bilston, West Midlands WV14 9UG3
£221K08/210.06 mi473, Birmingham New Road, Bilston, West Midlands WV14 9PJ3
£126.5K03/210.11 mi63, Ettingshall Road, Bilston, West Midlands WV14 9UR3
£155K02/210.13 mi19, Pointon Close, Bilston, West Midlands WV14 9XE3
£168K03/210.16 mi332, Birmingham New Road, Bilston, West Midlands WV14 9PW3
£150K11/200.16 mi344, Birmingham New Road, Bilston, West Midlands WV14 9PW3
£113K12/200.23 mi9, Ettingshall Road, Bilston, West Midlands WV14 9UL3
£158.5K06/210.23 mi7, Ettingshall Road, Bilston, West Midlands WV14 9UL3
£151K01/240.23 mi32, Rookery Road, Wolverhampton, West Midlands WV4 6NP3
£230K12/230.23 mi2, Hinchliffe Avenue, Bilston, West Midlands WV14 9PQ3
£202K08/230.23 mi20, Biddings Lane, Bilston, West Midlands WV14 9NN3
£60K12/200.25 mi121, Shaw Road, Bilston, West Midlands WV14 9PU3
£190K12/200.29 mi1, Smith Close, Bilston, West Midlands WV14 9SG3
£230.5K10/230.29 mi5, Kipling Avenue, Bilston, West Midlands WV14 9PX3
£323K05/230.31 mi6, Balking Close, Bilston, West Midlands WV14 9XU3
£230K07/210.31 mi59, Rookery Road, Wolverhampton, West Midlands WV4 6NH3
£217K09/230.31 mi102, Woodcross Lane, Coseley, Bilston, West Midlands WV14 9BW3
£258K09/230.31 mi444, Birmingham New Road, Bilston, West Midlands WV14 9QB3
£205K03/230.32 mi45, Hurst Road, Coseley, Bilston, West Midlands WV14 9AA3
£160K08/230.33 mi7, Bate Street, Wolverhampton, West Midlands WV4 6NL3
£170.5K04/210.33 mi10, Watton Close, Bilston, West Midlands WV14 9SF3
£165K11/200.34 mi28, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£170K08/230.34 mi19, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£237K12/220.34 mi30, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QZ3
£180K11/210.35 mi11, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£190K03/210.35 mi57, Bridgewater Drive, Deepfields, Bilston, West Midlands WV14 9PA3
£178K09/210.35 mi41, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£190K03/230.35 mi4, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£174.9K08/210.35 mi50, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£210K10/230.35 mi1, Miller Crescent, Bilston, West Midlands WV14 9UZ3
£150K05/210.35 mi12, Pugh Road, Woodcross, Bilston, West Midlands WV14 9BN3
£151K09/210.35 mi8, Dawson Avenue, Bilston, West Midlands WV14 9BJ3
£158K10/210.36 mi73, Hurst Road, Coseley, Bilston, West Midlands WV14 9EX3
£169K04/210.36 mi27, Robert Wynd, Bilston, West Midlands WV14 9SE3
£138K02/210.37 mi112, Woodcross Lane, Coseley, Bilston, West Midlands WV14 9RU3
£280K04/230.37 mi3, Dunsfold Close, Bilston, West Midlands WV14 9YW3
£225K11/200.38 mi20, Overfield Drive, Bilston, West Midlands WV14 9XW3
£157.5K06/230.39 mi45, Pickrell Road, Bilston, West Midlands WV14 9QW3
£198K02/210.4 mi250, Birmingham New Road, Parkfields, Wolverhampton, West Midlands WV4 6NR3
£134.5K05/210.4 mi29, Smout Crescent, Bilston, West Midlands WV14 9BL3
£180K10/230.4 mi13, Smout Crescent, Bilston, West Midlands WV14 9BL3
£239.9K06/210.42 mi10, Maslin Drive, Bilston, West Midlands WV14 9AF3
£178K08/230.42 mi45, Upper Ettingshall Road, Coseley, Bilston, West Midlands WV14 9QS3
£230K02/230.42 mi41, Bridgewater Drive, Deepfields, Bilston, West Midlands WV14 9PA3
£190K12/200.44 mi1, Lane Road, Lanesfield, Wolverhampton, West Midlands WV4 6NG3
£155K03/210.44 mi1, Mars Close, Bilston, West Midlands WV14 9JA3
£214.4K09/230.45 mi10, Waddell Close, Bilston, West Midlands WV14 9SA3
£203K02/230.45 mi63, Ladymoor Road, Bilston, West Midlands WV14 0PT3
£215K02/230.46 mi3, Mount Road, Lanesfield, Wolverhampton, West Midlands WV4 6LS3
£198K05/230.46 mi52, Robert Wynd, Bilston, West Midlands WV14 9SB3

Local Rents

41 rents from £795/mo to £1.6K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15011/240.33 miFinney Well Close, Bilston3
£1,25012/240.33 mi-3
£1,25004/250.36 mi-3
£1,25003/250.48 mi-3
£1,20004/250.51 mi-3
£1,19511/240.52 miHavacre Lane, Coseley, Wolverhampton3
£1,15011/240.58 mi-3
£1,10001/250.61 mi-3
£79511/240.64 miMount Pleasant Street, Bilston, WV143
£1,65004/250.67 mi-3
£1,65004/250.67 mi-3
£1,65004/250.67 mi-3
£1,65004/250.67 mi-3
£99511/240.73 mi-3
£1,00002/240.74 mi-3
£1,20003/250.76 mi-3
£1,20011/240.77 miElmdale Road, BILSTON3
£1,20011/240.77 miSpring Road, Wolverhampton, West Midlands, WV43
£97503/240.78 miBath Street, Sedgley, Dudley, West Midlands, DY33
£1,20004/250.8 mi-3
£1,19511/240.83 miCranbourne Avenue Ettingshall Park, Wolverhampton, WV43
£1,19511/240.83 mi-3
£1,20011/240.9 miWallbrook Street, Coseley, WV143
£99511/240.91 miBirmingham New Road, Wolverhampton3
£1,49002/250.91 mi-3
£1,30011/240.92 miHockley Road, BILSTON3
£1,30011/240.92 miHockley Road, BILSTON3
£1,00003/250.98 mi-3
£1,00003/241.03 miKings Road, Sedgley3
£1,12511/241.05 miMinith Road, Coseley3
£1,20012/241.09 mi-3
£1,25002/251.1 mi-3
£1,25012/241.14 mi-3
£1,10011/241.14 miColerne Street, WOLVERHAMPTON3
£97501/241.16 mi-3
£97511/241.17 miFountain Lane, Bilston, West Midlands, WV143
£1,30011/241.17 miWard Street, Wolverhampton, West Midlands, WV23
£1,10011/241.17 mi-3
£1,25011/241.17 miColtishall Grove, Wolverhampton, WV23
£1,00003/241.21 miTipton Street, Dudley3
£1,15004/251.24 mi-3

Local Area Statistics

Population in WV14

46,931

Town centre distance

0.86 miles away

Nearest school

0.10 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+18%

Sales demand

Seller's market

Capital growth (5yrs)

+48%

Property History

Listed for £189,950

March 24, 2025

Description

  • Specialist Mortgage lender may be Required +
  • Ideal For First Time Buyers or Families +
  • 25ft Lounge/Diner +
  • EPC Rating C +
  • Council Tax Band C +
  • Well Regarded Schools Nearby +

Presenting a three-bedroom semi-detached home in the heart of Bilston, this property is ideally situated in a popular area with excellent amenities and well-regarded schools nearby. Perfect for families or first-time buyers looking to step onto the property ladder, this home offers both convenience and great potential.

Upon entering the property, you are welcomed into a bright and spacious open-plan lounge and dining room, creating the perfect space for family living and entertaining. Seamlessly accessed from the hallway, the well-equipped kitchen offers both functionality and style. Completing the ground floor is an integral garage, along with two additional storage rooms, providing ample space for organisation. Upstairs, you will find three well-proportioned bedrooms, all thoughtfully designed to maximise comfort, along with the main family bathroom.

Externally, the property benefits from off-road parking for added convenience and peace of mind, along with an extensive rear garden, perfect for outdoor enjoyment.

Bilston offers first-time buyers excellent amenities and transport links. Coseley Railway Station, just 0.6 miles away, provides direct services to Birmingham and Wolverhampton, while nearby bus routes offer additional connectivity. Manor Primary School and Ormiston SWB Academy cater to families, and Bilston Town Hall hosts various cultural events. For shopping and dining, Wolverhampton city centre is a short drive away, making this a convenient and well-connected location.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a £2,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Agent Details

House Sales Direct, Cheadle

0161 524 8266

Next Steps?

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