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Leslie Road, Wolverhampton WV10 - Image 1
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Leslie Road, Wolverhampton WV10

West Midlands

£120,000
Listed on 21/11/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
645 sqft

Description

This two-bedroom mid-terrace property located in the sought-after Park Village area of Wolverhampton presents a significant opportunity for renovation and investment. Featuring spacious interiors that lend themselves well to personalisation, this home is ideal for first-time buyers looking to make their mark or investors aiming to maximise rental returns. The entrance hallway flows into two distinct reception rooms; the front room is bathed in natural light courtesy of a bay window, while the central space offers flexibility as a dining area or home office. Completing the ground floor is a galley kitchen and a family bathroom at the rear, along with a practical rear lobby housing the heating system. Upstairs, there are two generously sized double bedrooms, both capable of accommodating standard furniture configurations and offering ample storage options. Notably, the second bedroom includes access to a loft area through a built-in cupboard, potentially allowing for future conversion (subject to necessary permissions). The property requires cosmetic upgrades such as re-plastering in certain areas but otherwise maintains structural integrity—standard surveys are advised for peace of mind. The enclosed rear garden awaits your creative touch and promises to be an appealing outdoor retreat with simple enhancements. With its convenient proximity to Wolverhampton City Centre and strong transport links alongside essential amenities, this location continues to draw significant tenant interest. Once refurbished, anticipated rental yields could reach around £795 per month, showcasing its investment potential. Whether you’re interested in buy-to-let prospects or envisioning your dream residence following some light renovations, this property offers an excellent foundation waiting for your vision.

Investment Analysis

(WV10 area)

Below Market Value

This property is priced -17.9% below area average per sq ft

-17.9%
Potential saving
This Property
£186/sq ft
Area Average
£227/sq ft
Avg Rent (weekly)
£250
Avg Yield
5.3%

Renovation Potential

Light Refurb
Est. Renovation Cost
£8,000 - £12,000
Target Value
£160,844
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (WV10)

Area prices are rising by +3.0% over the last 12 months
3 year growth: 4.9%
5 year growth: 30.4%
Investment Disclaimer: Analysis based on WV10 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Leslie Road, Wolverhampton WV10
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