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Gough Road, Bilston, West Midlands

West Midlands

£320,000
Listed on 03/04/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1657 sqft

Description

This charming period property, dating back to 1907, offers an intriguing blend of original features and modern amenities, making it an excellent candidate for renovation and investment. Located just a short stroll from Roseville Village, residents will appreciate the convenient access to mainline train services along with nearby shops, parks, and schools, enhancing its appeal for families or commuters. The home's entrance features a porch adorned with classic Minton tiles that leads into an inviting hallway. From here, you'll find two spacious reception rooms, each showcasing distinctive fireplaces—the rear room equipped with a cozy log burner. A unique aspect of this property is the versatile fourth bedroom located in the basement area, providing potential for various uses depending on future needs. At the heart of the home is the modern kitchen/diner that flows seamlessly into the garden area. This space comes equipped with built-in appliances and allows for easy outdoor access—perfect for entertaining or enjoying quiet evenings. Additional practical elements include a utility room and a downstairs shower room/WC that enhance everyday functionality. Venturing to the first floor reveals three generously sized double bedrooms; the primary bedroom boasts built-in mirror wardrobes. The family bathroom includes both a standard bath and a walk-in shower, catering to diverse preferences. Outdoor spaces are equally noteworthy. The side yard features a patio area complete with outbuildings such as a 'man cave' and kennel. Terraced lawns bordered by wooden fencing provide additional outdoor leisure space. Notably, there is gated off-road parking at the front with potential for extension to the side (subject to planning approval). With gas central heating and double glazing throughout, this property combines historical charm with modern comfort while presenting significant potential for further enhancement or personalization. An early viewing is advisable to fully grasp both its character and investment possibilities.

Investment Analysis

(WV14 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£193/sq ft
Area Average
£224/sq ft
Avg Rent (weekly)
£235
Avg Yield
5.4%

Renovation Potential

Est. Renovation Cost
£32,000 - £80,000
10-25% of property value
Target Value
£408,376
10% above area average per sq ft
Potential ROI
+2.1%
After renovation
Monthly Sales
21
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (WV14)

Area prices are rising by +7.2% over the last 12 months
3 year growth: 11.4%
5 year growth: 32.4%
Investment Disclaimer: Analysis based on WV14 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Gough Road, Bilston, West Midlands
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